JAKARTA – The Indonesia Stock Exchange (IDX) has officially lifted the trading suspension on the shares of PT Fimperkasa Utama Tbk (FIMP) as of Friday (21/2). With this suspension lifted, FIMP shares can be traded again on the Regular Market and Cash Market starting from the first session today.

Previously, IDX imposed a suspension on FIMP shares on 22 January 2025, after the company’s stock price surged significantly.

“In relation to the significant cumulative price increase of FIMP shares and as a form of protection for investors,” said Yulianto Aji Sadono, Head of IDX Transaction Supervision Division, in an official statement on 21 January 2025.

Since the beginning of this year, FIMP’s share price has risen by 153.06% or 75 points, reaching IDR 124 per share. At the start of the year’s trading, the construction company’s share price was still at IDR 49 per share. (EF/KR)