Timah Shares Surge 107.34% in a Month, Suspended by IDX
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| Timah Shares Surge 107.34% in a Month, Suspended by IDX. |
The Indonesia Stock Exchange (IDX) has officially suspended trading of PT Timah Tbk (TINS) shares starting Monday, October 6, 2025. The move came after TINS shares skyrocketed 107.34% in just one month. The suspension applies to both the regular and cash markets as a form of investor protection and to cool down what the exchange described as excessive market euphoria.
In an official statement published on the IDX information disclosure page, management said the decision was part of a “cooling down” mechanism. The goal is to give market participants enough time to digest fundamental information and make more informed investment decisions regarding TINS shares. “In connection with the significant cumulative price increase of PT Timah Tbk (TINS) shares, and as part of the cooling down effort to protect investors, the Indonesia Stock Exchange deems it necessary to temporarily suspend trading of PT Timah Tbk (TINS) shares on October 6, 2025,” the IDX stated.
Previously, IDX closely monitored several stocks that showed unusual price movements, categorized as Unusual Market Activity (UMA). TINS was one of the five issuers under scrutiny for its sharp price surge without clear fundamental support. The last official information about TINS was released on September 29, 2025, via the IDX website, explaining the volatility in its recent transactions.
Before the suspension took effect, TINS shares were last traded at Rp2,260 per share. Over the past week, the stock had already risen by 46.75%, and over the past month, it soared by 107.34%. This rapid rise raised concerns about a potential price bubble, especially since there has been no major news regarding the company’s financial performance or new projects to justify the surge.
The temporary suspension may affect short-term investor sentiment, especially among daily traders. However, for long-term investors, the IDX’s move is seen as reasonable and provides time to reassess PT Timah’s fundamental outlook. Analysts predict that once trading resumes, TINS shares will likely remain volatile, as market interest in the metal commodity sector remains strong.
