JAKARTA - The Indonesia Stock Exchange (IDX) has temporarily suspended the shares of PT Kentanix Supra International Tbk (KSIX) due to the sharp decline in cumulative price in the past month.

Yulianto Aji Sadono, Head of the IDX Transaction Supervision Division, said that there was a significant decline in the cumulative price of KSIX shares. "As a form of protection for investors, it is necessary to suspend KSIX shares in the regular market and cash market starting from the first session of March 3, 2025," he said on Monday (3/3).

Last week (28/2), the company's shares fell by IDR 19 or closed at IDR 191 per share. Trading volume was 1.34 million in 487 transactions worth IDR 271.94 million.

Throughout last week, the company's shares fell 9.91% or IDR 21 to IDR 191 per share. In a month, its share price fell 24.21% or IDR 61, and in six months KSIX's share price plunged 66.19% or IDR 374. (LK/LM)