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Starting Today BEI Automatically Stop Trading If the INDEX Drops 10%

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Starting Today BEI Automatically Stop Trading If the INDEX Drops 10%

the Indonesia stock Exchange (IDX) finally enact the change limitation the termination of automatic stock trading (auto rejection) of the symmetric so asymmetrical. This regulation comes into force effective today, Friday (10/3), until the time limit will be set later.

The exchange decided to begin to intervene in the stock trading after yesterday's composite stock price index (JCI) tumbled 6,58% in a day, touched 5.136,81. The lowest Level since the close of trading at the end of December 2016.

In the rules of auto rejection of the asymmetrical, the stock with a fraction of the price of Rp 50 - 200 per share, will be halted from trading automatically if it rises more than 35% or down by 10%. Previously, the stock will be terminated if up or down by 35% in a day.

this Article has been published in Katadata.co.id with the title "Start Today BEI Automatically Stop the Trade If the INDEX goes Down 10%" , https://katadata.co.id/berita/2020/03/10/mulai-hari-ini-bei-otomatis-hentikan-perdagangan-jika-ihsg-turun-10
Author: Ihya Ulum Aldin
Editor: Happy Fajrian

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