Jakarta - The Indonesia Stock Exchange (IDX) monitors the movement of the shares of PT Era Graharealty Tbk (IPAC).

The Head of IDX Transactions Division Supervision, Lidia M. Panjaitan, said that there had been an unusual increase in IPAC's stock price or unusual market activity (UMA).

"The UMA announcement does not necessarily indicate a violation of the laws and regulations in the capital market sector," she said in her statement on Tuesday (7/9).

According to Lidia, the latest information regarding IPAC was on September 6, 2021, published on the IDX website regarding the submission of the monthly report on the registration of securities holders.

"In connection with the occurrence of Unusual Market Activity for the IPAC shares, we need to convey that the Exchange is currently observing the development of this share transaction pattern," he explained.

Furthermore, investors expected to pay attention to the li