Jakarta, Oct. 26 -- The Indonesia Stock Exchange (IDX) will begin publicly disclosing and launching formal investigations into suspected stock price manipulation under a modernized supervisory framework, exchange executives announced Monday.

The updated mechanism marks a transition away from reliance on broad Unusual Market Activity (UMA) flags toward targeted enforcement actions aimed at preserving fair, orderly, and efficient trading conditions.

"We need to implement more effective oversight to ensure that trading on the IDX remains orderly, fair and efficient," IDX President Director Jeffrey Hendrik said during a press conference in Jakarta.

"Consequently, we will soon outline a more effective supervisory methodology and set of proc...