Jakarta - The Indonesian Stock Exchange has suspended the shares of PT Eterindo Wahanana Tama Tbk (ETWA) and PT Sumber Mas Konstruksi Tbk (SMKM) from trading on Tuesday, October 11, 2022.

"We took the suspension step following a significant increase in cumulative prices for ETWA and SMKM shares and in the context of cooling down," said IDX Transaction Supervision Division Head Lidia M. Panjaitan in an information disclosure today.

The suspension of trading on ETWA and SMKM shares is carried out in the regular and cash markets to provide adequate time for market participants to consider carefully based on the information available in each investment decision-making on ETWA and SMKM shares.

She appealed to interested parties to always pay attention to the disclosure of information submitted by the company.

Previously, the exchange had lifted the suspension of ETWA shares on October 10, 2022, trading.