Indonesian Political, Business & Finance News

Share Price Soars, IDX Halts MMIX Trading

| Source: CNBC Translated from Indonesian | Finance
Share Price Soars, IDX Halts MMIX Trading
Image: CNBC

Jakarta, CNBC Indonesia - The Indonesia Stock Exchange (IDX) has temporarily suspended trading of PT Multi Medika Internasional Tbk (MMIX) shares due to a significant cumulative price increase.

This measure is taken as a cooling-off period to protect investors, particularly MMIX shareholders. The suspension will take effect on 4 June 2026, starting from the first trading session in the regular and cash markets.

“PT Indonesia Stock Exchange deems it necessary to temporarily suspend trading of PT Multi Medika Internasional Tbk (MMIX) shares on 4 June 2026,” the IDX management stated in a disclosure, Thursday (4/6/2026).

The purpose of the suspension is to provide sufficient time for market participants to carefully consider their investment decisions in PT Multi Medika Internasional Tbk (MMIX) shares based on available information.

“All interested parties are expected to always pay attention to the information disclosed by the Company,” it concluded.

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