Surged To Double, The DART Hit Stocks Suspen
Indonesia stock exchange (idx) pause (suspension) trading of shares of PT Duta Angada Realty Tbk (DART) due to soaring doubled in a short time.
According to Kadiv stock trading BEI Andre PJ Toelle, the Exchange Authority needs to do stock trading suspension order a cooling down in DART.
"Suspension of the session I conducted started trading today on the regular market and pasr cash," he said in a disclosure of information on the official site BEI, Friday (30/12/2011).
DART's share price has gone up by Rp 225 or 107,14% from the closing price of Rp 210 on December 15, 2011 to Rp 435 on 29 December.
Temporary suspension of trading of shares was done also to provide adequate time for market participants to consider his investment.
Earlier, the stock exchange has been looking closely at this because have elevated the DART rates and deals out of habit (unusual market activity/UMA).
