Stock Exchange Flags UMA Status, MORA Shares Plummet

Jakarta, CNBC Indonesia — Shares of PT Ekamas Mora Republik Tbk (MORA) have suddenly come under market scrutiny following the Indonesia Stock Exchange’s (BEI) designation of Unusual Market Activity (UMA) status for the company’s stock movements. During Tuesday morning’s trading (12/5/2026), MORA shares exhibited highly volatile behaviour. According to IDX Mobile data, MORA opened with a surge to 10,350 and briefly reached a high of 10,400. However, the stock then reversed course, dropping to 8,250, representing a 8.33% weakening compared to the previous close. In the medium to long term, MORA shares have risen significantly. Over the past week, the stock has soared 69.75%, up 80.13% in the last month, and skyrocketed more than 1,864% over the past year. The BEI clarifies that the UMA announcement does not necessarily indicate any violation of capital market regulations. However, the exchange authority is monitoring developments in MORA’s stock transactions, which are deemed to be moving outside normal patterns. The latest information disclosed by the company to the public is the monthly report on securities holder registration dated 8 May 2026. In connection with the UMA status, the BEI requests that investors pay attention to the company’s responses to the exchange’s confirmation requests, monitor the company’s performance and information transparency, and reassess corporate action plans before making investment decisions.