IDX lifts suspension on NINE shares
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JAKARTA – Indonesia Stock Exchange (IDX) has officially reopened trading for shares of PT Techno9 Indonesia Tbk (NINE) as of Tuesday (25/2). The shares, which had been suspended since January 10, 2025, due to cumulative price surges, are now tradeable again on both the Regular and Cash Markets.
“Based on the exchange’s assessment, the suspension on NINE shares has been lifted in the first session on February 25, 2025,” stated IDX’s announcement on Monday (24/2).
Before IDXng suspended by IDX, NINE’s stock price saw a significant surge, hitting the Upper Auto Reject (ARA) limit with a 9.30% rise to IDR 141 per share on 2 January 2025.
Following the reopening of NINE’s stock trading today (25/2), the share price saw a slight increase of 9.80% to IDR 224 per share. Over the past six months, this stock has skyrocketed by 3,100%. (DK/ZH)