Suspension lifted, PKPK saw 9.89% slippage in the morning

JAKARTA – Indonesia Stock Exchange (IDX) has officially lifted the suspension over PT Perdana Karya Perkasa Tbk (PKPK) and reopened transaction for this oil and gas supporting service provider, starting from the morning session today (10/10).

Prior to this, PKPK’s stock was suspended in the regular and cash market due to significant and unusual market activity. “It was lifted in the first session on October 10, 2024,” added Yulianto Aji Sadono, Division Head of Transaction Supervision, in the official statement.

According to IDNFinancials data, PKPK slipped 90 points down or 9.89% to IDR 820 per share in today’s morning session.

However, within the past month, PKPK has climbed 450 points or 121.62% higher. On September 10, 2024, it was recorded at IDR 370 per share. (KR/ZH)