JAKARTA - The Indonesia Stock Exchange (IDX) has again suspended the trade of PT Arthavest Tbk (ARTA) shares, Friday (28/12).
"In connection with the significant cumulative price increase in Arthavest shares, IDX sees the need to temporarily suspend the trade of PT Arthavest Tbk (ARTA) shares in the regular and cash markets from December 28, 2018 until further announcements," said Acting Head of IDX Transaction Supervision Division Endra Febri Setyawan and Head of IDX Trade Operations Division Irvan Susandy in an announcement on Thursday (27/12).
Previously, IDX suspended ARTA shares on Friday (21/12) due to the accumulation of significant price increases. On Thursday, ARTA's stock price rose 24.76% to Rp 1,310 per share, the highest price for ARTA shares since its IPO in 2002.
Throughout December ARTA stock price has soared 322.58% month to date. (MS)