The Indonesia Stock Exchange (IDX) once again suspended trading in PT KDB Tifa Finance Tbk (TIFA) shares.

Based on the announcement with number Peng-SPT-00063 / BEI.WAS / 03-2021, the suspension was carried out in connection with a significant increase in KDB Tifa Finance's shares' cumulative price.

"The Indonesia Stock Exchange deems it necessary to temporarily suspend the trading of PT KDB Tifa Finance Tbk (TIFA) shares on the regular market and the cash market.  The Exchange implements the suspension starting from the first trading session on March 26, 2021 until further Exchange announcements," said IDX in an announcement on its website on Friday (26 / 3).

On Thursday trading (25/3), TIFA shares closed at the level of 1,705 or rose 3.65%. The day before, or on Wednesday's trade (24/3/2021), KDB Tifa Finance's shares jumped 15.85% to 1,645.

The Exchange calls on interested parties to always pay attention to the company's disclosure of information.