IDX Suspends Trading of WBSA Shares Again After 691% Surge

The Indonesia Stock Exchange (IDX) has temporarily suspended trading (suspension) in the shares of PT BSA Logistics Indonesia Tbk (WBSA) and PT Bersama Mencapai Puncak Tbk (BAIK) due to a significant cumulative price increase. It is known that the shares of PT BSA Logistics Indonesia Tbk (WBSA) have surged significantly since listing on the Indonesia Stock Exchange on 10 April 2026, leading to multiple suspensions. The latest suspension was implemented on 20 April 2026, and the shares continue to be sought after by investors. WBSA was listed on the exchange with an IPO price of Rp 168. In yesterday’s trading on Thursday (23/4/2026), the shares rocketed to Rp 1,330 per share. This means WBSA’s shares have soared 691.67%, or nearly sevenfold from the initial position. Citing the IDX’s disclosure of information, the suspension on WBSA and BAIK shares was carried out today, 24 April 2026, starting from session I in the regular market and cash market. This step is taken as a form of protection for investors, particularly shareholders of both issuers. “The exchange urges interested parties to always pay attention to the disclosures provided by the company,” stated IDX management.