BEI Lifts Suspension on CITY, MDIA, and DPUM Shares: Analysts Warn of Volatility

High Volatility Expected After Suspension Lift

The Indonesia Stock Exchange (BEI) has lifted the trading suspension on shares of PT Natura City Developments Tbk (CITY), PT Intermedia Capital Tbk (MDIA), and PT Dua Putra Utama Makmur Tbk (DPUM) on Monday (22/12/2025) ¹

. Analysts from KISI Sekuritas and Kiwoom Sekuritas warn that this development is likely to trigger high volatility in the market ¹

Source 1

https://investasi.kontan.co.id/news/saham-city-mdia-dan-dpum-kembali-diperdagangkan-simak-rekomendasi-analis

²

Source 2

https://investasi.kontan.co.id/news/prospek-saham-city-mdia-dpum-usai-suspensi-dibuka-bei

.

Analysts' Views on Post-Suspension Performance

Muhammad Wafi, Head of Research at KISI Sekuritas, noted that historically, stocks that have been unsuspended tend to show extreme movements in the short term. While there's still a possibility of price increases, Wafi considers it highly speculative ¹

.

Sukarno Alatas, Senior Analyst at Kiwoom Sekuritas, observed that CITY's stock movement post-unsuspension is likely to be range-bound and vulnerable to correction. He believes the previous price increase was driven more by sentiment and momentum rather than fundamental factors ²

.

Market Implications

The lifting of the suspension means these stocks will be closely watched by market participants. Investors are advised to be cautious as the potential for profit-taking is considered high, which could lead to price corrections ¹

.