Eight Stocks Resume Trading After Suspension, Show Mixed Performance

Varied Market Reactions Observed

The Indonesian Stock Exchange allowed eight stocks to resume trading on Friday, December 12, 2025, after a period of suspension. The stocks showed mixed performance upon resumption, reflecting varied market reactions to their return.

Individual Stock Performance

1. PT Ketrosden Triasmitra Tbk (KETR): Closed down 14.86% at Rp 1,260 despite a 620% annual gain. The stock's decline followed a mandatory incidental public expose scheduled for December 19, 2025, to address unusual price movements. The company's controlling shareholder, Bahtera Bintang Nusantara, had been selling shares on November 28, December 3, and December 8, 2025.
2. PT Asri Karya Lestari Tbk (ASLI): Jumped 9.76% to Rp 540, continuing its 980% YTD gain. The surge followed reports that the controlling shareholder, Sudjatmiko (69.52% stake), had signed an agreement with PT Wahana Konstruksi Mandiri to transfer control. The transaction was executed on November 27, 2025.

Market Implications

The resumption of trading for these stocks comes after the exchange addressed concerns about unusual price movements and potential market manipulation. The varied performance of these stocks highlights the diverse market perceptions of their future prospects. While some stocks like ASLI saw significant gains, others like KETR experienced declines, reflecting different investor sentiments.