Stocks' suspension lifted

JAKARTA (JP): The Jakarta Stock Exchange (JSX) yesterday suspended trading on PT Super Indah Makmur's shares due to a 78 percent price increase on Monday on rumors of a take over, but the suspension was lifted in the afternoon session.

"The company's management has confirmed that the price increase was out of their control. Moreover, the company was not involve in any transactions which caused such a sharp price increase," JSX said.

Super Indah's share price rose 78 percent to Rp 2,450 (US$1.04) on Monday's close with 8.7 million shares changing hands. (alo)