IDX Suspends AGAR Shares After Price Skyrockets

The Indonesia Stock Exchange (IDX) has temporarily suspended trading of PT Asia Sejahtera Mina Tbk (AGAR) shares due to a significant cumulative price increase.

Citing an IDX disclosure, the move was taken as a form of investor protection, particularly for AGAR shareholders.

“PT Bursa Efek Indonesia deems it necessary to temporarily halt trading of PT Asia Sejahtera Mina Tbk (AGAR) shares,” the IDX management wrote on Wednesday (22/7/2026).

The temporary trading suspension applies to the regular and cash markets, starting from the first trading session on 22 July 2026, until a further announcement from the Exchange.

The Exchange urged interested parties to always pay attention to the information disclosures submitted by the company.

AGAR’s shares had rocketed 94.4% over the past five days and soared 186.3% over the past month to a level of Rp 630 per share, with a market capitalisation reaching Rp 630 billion.