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Markets 01:53 pm
PREMIUM
GoTo plunges 14% as IDX lowers minimum price cap
Several other stocks were also affected by the price floor change and hit the lower auto-rejection limit, including property developer PT Lippo Karawaci and PT Repower Asia Indonesia, as well as rice producer PT Buyung Poetra Sembada.
Markets 2 weeks ago
PREMIUM
Growing domestic investor dominance double-edged sword for IDX
The stock market has seen a gradual recovery despite remaining vulnerable to foreign sell-offs amid global headwinds and lingering concerns over index provider MSCI’s upcoming review, with domestic investors increasingly in the driver’s seat.
Markets 4 weeks ago
PREMIUM
IDX begins trial to lower stock price floor to Rp 1
The Indonesia Stock Exchange (IDX) has started trials with exchange members to drop the minimum stock price floor from Rp 50 (0.28 US cents) to just Rp 1, ensuring readiness among the members and securities firms for the upcoming changes.
Markets 1 month ago
PREMIUM
IDX outperforms Asian markets on domestic optimism
Analysts highlighted easing uncertainty following the assessment by global index provider MSCI, along with positive sentiment surrounding President Prabowo Subianto’s annual speech, as the main drivers of the stock rally.
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