IDX Lifts Suspension of Bank Victoria, Satria Antaran Shares


The Indonesia Stock Exchange (IDX) has reopened the trading of shares of PT Bank Victoria International Tbk (BVIC) and PT Satria Antaran Prima Tbk (SAPX), starting today's first session.

Meanwhile, today, the capital market authority suspended PT Mahaka Radio Integra Tbk (MARI) today.

"The suspension of BVIC and SAPX shares trading in the regular market and cash market is reopened starting trading session I on March 12, 2021," said Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, on Friday (12/3).

The Exchange had suspended BVIC share since March 2, 2021, or based on IDX data, and it was the second stock suspension in recent weeks. The suspension was triggered by the increase in the bank's shares' cumulative price in the last few weeks.

BVIC's share price has jumped from Rp112 to Rp308 from February 1 to March 1, 2021. Likewise, SAPX shares have been temporarily suspended trading shares by the IDX on March 10, 2021, due to a significant decrease in the cumulative share price in the last few weeks.

Based on data, the SAPX share price has gradually decreased to Rp890, compared to the beginning of the year Rp2,150.


Penulis : Widya