IDX Temporarily Suspends Trading of Two Stocks

PT Bursa Efek Indonesia (BEI - Indonesia Stock Exchange/IDX) temporarily suspended the trading of two stocks starting from session I on Wednesday (21/10/2026), namely shares of PT Bank Of India Indonesia Tbk (BSWD) and PT MNC Digital Entertainment Tbk (MSIN). The temporary suspension applies to both the Regular Market and the Cash Market.

The bourse took this action after both stocks posted cumulative price movements deemed unusual—BSWD soared 850 percent year to date, while MSIN plunged 71.6 percent. IDX described this policy as a cooling-down measure to protect investors.

BSWD Soars 850 Percent, Hit by Second Suspension

BSWD shares became the primary spotlight. According to Stockbit data, the bank's stock surged 438.3 percent in the past month and climbed 850 percent year to date to reach Rp8,100. For BSWD, this is the second suspension in recent weeks—trading had previously been halted in late September 2026 and reopened in early October.

IDX Head of Transaction Supervision Division Yulianto Aji Sadono stated that the temporary suspension was conducted to give investors adequate time to carefully consider every investment decision based on available information.

MSIN Plunges 71.6 Percent to Rp119

MSIN faced the opposite fate. Shares of the issuer owned by Hary Tanoesoedibjo slumped 58.9 percent over the past month and plummeted 71.6 percent year to date to Rp119. Based on IDX Announcement Number Peng-SPT-00216/BEI.WAS/10-2026, the suspension on MSIN shares was imposed in the Regular Market and the Cash Market.

Acting Head of the Transaction Supervision Division of IDX Endra Febri Styawan conveyed that the suspension was carried out as a cooling-down measure to protect investors. IDX also reminded all interested parties to consistently pay attention to company disclosures. The official IDX announcement has not stated when trading for both stocks will resume.

Context: IHSG Strengthens Following BI RDG

The suspensions occurred amid the strengthening of the Indeks Harga Saham Gabungan (IHSG - Jakarta Composite Index). BRI Danareksa Sekuritas in its morning research projected the IHSG to continue strengthening in the range of 5,185–5,318 on Wednesday (21/10/2026), with primary sentiment focused on the outcome of the Bank Indonesia Board of Governors Meeting (RDG - Rapat Dewan Gubernur), which held the BI Rate at 5.75 percent.

For investors holding both stocks, the suspension means they cannot conduct buy or sell transactions until the exchange lifts the halt. IDX advised investors to closely examine the latest information disclosures from each company before making investment decisions.