Indonesia’s stock exchange today suspended trading in shares of domestic mobile phone operator PT Bakrie Telecom, Reuters reports, amid media rumours about a planned stake sale in the company. In a statement the exchange said: ‘To avoid an unnatural movement of the shares the stock exchange decided to halt the trading in the company’s shares.’ The local Bisnis Indonesia newspaper carried a story claiming that Sinarmas Group plans to buy a 20%-60% equity stake in Bakrie Telecom at IDR200 per share. Reuters notes that the company’s stock last traded on Thursday at IDR67, and has lost more than 70% of its value in the last month. Bakrie & Brothers, which controls a 37% stake in Bakrie Telecom, has denied that it is looking to sell its stakes in the operator.