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View all search resultsIndonesian stocks hit circuit breakers for the third time in the past week on Tuesday, touching levels unseen since 2015 as the rupiah surpassed the psychological threshold of Rp 15,000 to the United States dollar in the ongoing coronavirus-driven global market rout.
Starting Friday, the Indonesia Stock Exchange (IDX) will halt trading for stocks that have fallen 7 percent and will scrap pre-opening trade as it moves to safeguard the local market from steep drops amid historic global market rout.
Stocks traded on the Indonesia Stock Exchange (IDX) hit circuit breaker upon opening on Friday, plunging 5 percent to 2016 levels as global stocks suffer a historic rout driven by fears over the coronavirus (COVID-19) pandemic.
Global equity markets plunged again Thursday, with some suffering their worst losses in decades, as emergency measures by central banks failed to douse fears over the mounting economic toll from the coronavirus.
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