The Indonesia Stock Exchange Authority temporarily suspended trading of shares of PT MNC Studios International Tbk (MSIN) and PT Sejahteraraya Anugrahjaya Tbk (SRAJ) on Thursday (8/7).

The Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, said that the IDX suspended  MSIN and SRAJ was carried out due to a significant cumulative price increase, so the Exchange deemed it necessary to suspend them.

"The suspension will be carried out in the regular market and cash market starting from the first trading session on July 8, 2021 until further announcements are made on the Exchange," she said in Jakarta on Thursday (8/7).

The suspension provided sufficient time for market participants to consider carefully based on the information available in each of their investment decisions in MSIN and SRAJ shares.

"The stock exchange appeals to interested parties to always pay attention to the disclosure of information subm