Shares Fall Sharply as Exchange Suspends ARKO Trading

Jakarta, CNBC Indonesia – The Indonesia Stock Exchange (IDX) has announced a temporary suspension of trading in shares of PT Arkora Hydro Tbk (ARKO). The suspension took effect on Wednesday, 28 October 2026.

According to the exchange’s announcement, the suspension was imposed following a significant cumulative decline in ARKO’s share price.

“As a cooling-off measure to protect investors, the Indonesia Stock Exchange considers it necessary to temporarily suspend trading in PT Arkora Hydro Tbk (ARKO) shares on 28 October 2026,” the exchange said.

Trading in ARKO shares has been halted on the Regular and Cash Markets to give market participants sufficient time to consider their investment decisions carefully, based on the information available.

“Interested parties are expected to continue paying attention to information disclosures issued by the company,” the exchange said.

Arkora Hydro shares were trading at Rp1,365 each, down sharply by 77.06% year to date. The stock has fallen 62.70% over the past month and 9.00% over the past week.

ARKO currently has a reported market capitalisation of Rp3.99 billion and a free float of 32.27%.