JAKARTA – Indonesia Stock Exchange (IDX) has lifted the suspension of trading for three stocks and one warrant starting from the first trading session on Wednesday (5/3).

The three stocks that resumed trading are PT DCI Indonesia Tbk (DCII), Sinergi Inti Andalan Prima Tbk (INET), and PT Kentanix Supra International Tbk (KSIX), along with the Series I Warrant of PT Sinergi Inti Andalan Prima Tbk (INET-W).

Yulianto Aji Sadono, Head of IDX Transaction Supervision Division, stated that the previous suspensions were imposed due to significant price fluctuations, both in terms of increases and decreases.

DCII, a data centre company owned by conglomerate Otto Toto Sugiri, was suspended on February 27, 2025 following a significant surge in its stock price. On February 26, 2025, DCII shares soared by 19.99%, reaching IDR 116,725 per share. The stock had even gained 72.74% within a week.

INET and INET-W shares were also suspended on 25 February 2025 after experiencing a significant price surge. INET shares had skyrocketed by 41.82%, currently priced at IDR 156 per share.

In contrast to DCII and INET, KSIX shares experienced a sharp decline, leading to their suspension on March 3, 2025. Before the suspension, KSIX shares dropped by 9.04% to IDR 191 per share. The stock had weakened by 11.57% in a week and by 57.74% from its IPO price.

"Based on the exchange’s assessment, it is hereby announced that the suspension of the trading of these shares has been lifted starting from the first trading session on March 5, 2025," Yulianto said in an official statement on Tuesday (4/3). (EF/KR/ZH)