The Indonesia Stock Exchange (IDX) has temporarily suspended the trading in the shares of PT Anabatic Technologies Tbk (ATIC) today on Monday (21/6).

The IDX suspended the shares due to a significant increase in the cumulative price of ATIC's shares.

"In the context of cooling down, IDX deems it necessary to temporarily suspend Anabatic Technologies stock trading on trading on June 21, 2021," said IDX in information disclosure on Monday (21/6).

The temporary suspension of trading of ATIC shares is on the regular market and cash market. The suspension is carried out to provide sufficient time for market participants to carefully consider the information available in every investment decision-making in ATIC shares.

Last Friday (18/6), ATIC's share price jumped 24.53% to Rp1,810 per share. ATIC's share price reached a record high since its initial listing on July 8, 2015.

The spike in ATIC's share price has occ