Indonesia Stock Exchange Flags Four Stocks for Unusual Activity

BEI Monitoring Stocks with Unusual Price Movements

The Indonesia Stock Exchange (BEI) has placed four stocks under scrutiny for Unusual Market Activity (UMA) during trading on January 12, 2025. The affected stocks are:

1. PT Multikarya Asia Pasifik Raya Tbk (MKAP)
2. PT Kokoh Exa Nusantara Tbk (KOCI)
3. PT Paramita Bangun Sarana Tbk (PBSA)
4. PT Kawasan Industri Jababeka Tbk (KIJA)

Reasons for Monitoring

The BEI has noted that these four stocks have experienced unusual price increases beyond normal trading patterns. As a result, the exchange is closely monitoring the transaction patterns of these securities to identify any potential irregularities or market manipulation.

Investor Guidance

In response to this development, the BEI has advised investors to:

1. Carefully review the issuers' responses to the exchange's confirmation requests
2. Examine the financial performance and information disclosure of these companies
3. Reassess corporate action plans that have not yet received shareholder approval

Market Implications

This monitoring action by the BEI indicates heightened scrutiny of potentially unusual trading activity. Investors should remain cautious and conduct thorough research before making investment decisions regarding these stocks. The situation underscores the importance of transparency and proper disclosure in maintaining market integrity.