IDX suspends POLY, ADMG, on price jumps

JAKARTA: Indonesia Stock Exchange reported a temporary suspension over the stock trading of manufacturing company PT Polychem Indonesia Tbk due to the significant increase in its share price.The ADMG-coded stock more than doubled to IDR630 in the closing session on Monday from IDR255 at the closing session of May 2, 2011. The suspension halt is aiming to calm down the trading of the shares.The Indonesia Stock Exchange also suspended the trading of PT Asia Pacific Fibers Tbks shares. The POLY-coded stock climbed more than double from IDR183 at closing session on May 2, 2011 to IDR455 on Monday. (NOM)