08-04-2025
Indonesia stock exchange says 20% fall would see trade suspended for day
JAKARTA, April 8 (Reuters) - The Indonesian Stock Exchange said a market fall of more than 20% would cause trading to be suspended for the rest of the day, as the market resumes trading on Tuesday after an extended holiday break amid turmoil on global markets.
The previous trigger level was a move of 15%.
The stock exchange said an initial 30-minute trading halt would be triggered by moves of 8%, changed from the previous 5%. Trade would be halted again for another 30 minutes if the main index (.JKSE), opens new tab fell more than 15%, changed from 10%.
The stock exchange said in a statement the changes were to ensure liquidity and give investors time to process information.
The stock exchange also said a 15% fall in an individual stock would trigger its auto-rejection rule, where sell orders for the stock would be rejected.
Markets resume trade on Tuesday for first time since the close on March 27, and will have to digest the global market turmoil following the U.S. tariff announcement last week.
Ahead of the holidays, Indonesian markets were already under pressure. The rupiah is close to its lowest levels since the 1998 financial crisis and the main stock index hit an 18-month low in March.
