JAKARTA (Indonesia Today) – The Indonesia Stock Exchange (IDX) decides to halt trading in shares of PT Perdana Karya Perkasa Tbk (PKPK) due to its significant gain.
The stock has soared 141.57% to Rp215 per share on Tuesday (Oct 2) from Rp89 in Sept 10, 2012. IDX said the halt aims to cooling down the market.
The company recorded loss of Rp252.93 million in the first half of 2012 on revenue of Rp151.95 billion. It booked profit of Rp543.73 million in the first half of 2011. (hans@theindonesiatoday.com)