Indonesia Cuts Share Loss Limit to 7% as MSCI Weighs Downgrade
Photo: TokenPost
The Indonesia Stock Exchange has tightened daily loss limits on individual shares after a sharp market decline, changing trading conditions as MSCI considers a downgrade that could affect index-linked investment. The exchange introduced a 7% daily decline limit on Oct. 19 for shares priced above 10 rupiah, down from 15%. An Oct. 20 revision set a maximum daily decline of 1 rupiah for shares priced from 11 to 14 rupiah. The 7% limit now applies to shares priced at 15 rupiah or more. The temporary rules run through Dec.
Source: TokenPost
