The Indonesia Stock Exchange (IDX) temporarily halted or suspended trading of three shares, namely PT DCI Indonesia Tbk (DCII), PT Capitol Nusantara Indonesia Tbk (CANI), and PT Telefast Indonesia (TFAS), starting today, Friday (22/1).

These halts were due to the price surge in the last few days. This is the second suspension of trading in DCII shares in the past week.

Previously, the IDX also temporarily suspended DCII trading on January 19 and reopened on January 20.

"The temporary suspension of DCII stock trading will be carried out on the regular market and cash market starting from the session I on stock trading January 22, 2020, until further exchange announcements," said Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, in Jakarta, Friday (22/1).

Meanwhile, the temporary suspension of trading in CANI and TFAST shares is in the context of cooling down to provide adequate time for market players to consider carefully based on the information available in any investment decision making in these shares. Trading on CANI and TFAS shares was temporarily suspended in all markets for the day.

DCII's share price jumped from the level of Rp420 to Rp. 4,780 between January 6-21, 2020. Price hikes and auto rejects have always happened to DCII since its initial listing on the IDX until yesterday.

Likewise, CANI shares have experienced price hikes from Rp106 to Rp254 during the period 4-21 January 2020. Meanwhile, TFAS shares have jumped from Rp180 to Rp 400 during January 4-21, 2020.