The Indonesia Stock Exchange (IDX) announced today (25/08) that it has curtailed the daily limit on share price losses to ten percent. This means that shares of listed Indonesian companies on the IDX can fall up to a maximum of 10 percent per day (from the range of 20 to 35 percent previously). This revised regulation aims to cushion the negative effects of current high (global) market volatility. Yesterday (‘Black Monday’), the Jakarta Composite Index fell to a 20-month low. The cap on upper price movements remains 20-35 percent per day.
Update COVID-19 in Indonesia: 228,993 confirmed infections, 9,100 deaths (16 September 2020)
18 September 2020 (closed)
USD/IDR (14,768) -110.00 -0.74%
EUR/IDR (17,496) -11.29 -0.06%
Jakarta Composite Index (5,059.22) +20.82 +0.41%