Tue, 28 Dec 1999

JSX halts firms' trading

JAKARTA (JP): The Jakarta Stock Exchange (JSX) suspended trading in shares of PT Multipolar, PT Miwon Indonesia and PT Bukaka Teknik Utama in late trade on Monday.

The action was taken after prices of the companies exceeded the maximum level, the JSX said in a statement.

The stock exchange operator said trading of Multipolar shares would resume on Tuesday, but those of PT Miwon and Bukaka would remain suspended until their respective management explained the rise. (hen)