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● LIVE Updated 1h ago · 13 sources tracked

World’s worst-performing market slashes minimum price for stocks

Indonesia's stock exchange has reduced its minimum price for shares from 50 rupiah to 1 rupiah, aiming to boost liquidity and price discovery in the world's worst-performing stock market. The move is expected to cause stocks in dozens of companies to trade at a tiny fraction of a penny. Several stocks, including tech giant GoTo Gojek Tokopedia, have plunged following the change.

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  • ✓ Indonesia's stock exchange reduced the minimum price for shares from Rp50 to Rp1.
  • ✓ The move aims to boost liquidity and price discovery in the world's worst-performing stock market.
  • ✓ Several stocks, including GoTo Gojek Tokopedia, have plunged following the change.
🛡️ Source Corroboration: 13 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

The Indonesian stock exchange lowered the minimum price floor for shares from 50 rupiah to 1 rupiah.

Live updates

  1. Indonesia slashes minimum stock price to 1 rupiah

    Indonesia's stock exchange has reduced its minimum price for shares from 50 rupiah to 1 rupiah, aiming to boost liquidity and price discovery in the world's worst-performing stock market. The move is expected to cause stocks in dozens of companies to trade at a tiny fraction of a penny. Several stocks, including tech giant GoTo Gojek Tokopedia, have plunged following the change.

    Why it matters

    The Indonesian stock market has been struggling, and the government is seeking to avoid a downgrade by global index providers. The change in minimum price is part of efforts to promote liquidity and price discovery. The market has seen significant declines in recent days.

    What is confirmed

    • Indonesia's stock exchange reduced the minimum price for shares from Rp50 to Rp1.
    • The move aims to boost liquidity and price discovery in the world's worst-performing stock market.
    • Several stocks, including GoTo Gojek Tokopedia, have plunged following the change.

    What to watch next

    • The impact of the price change on the overall performance of the Indonesian stock market
    • The reaction of investors and analysts to the new minimum price floor
    • The potential for the Indonesian stock market to be downgraded by global index providers if reforms are not successful
    Sources used for this update (11)
    1. thezvi.substack.com — AI #187: Coming Into Play - by Zvi Mowshowitz
    2. thezvi.wordpress.com — AI #187: Coming Into Play | Don't Worry About the Vase
    3. Financial Times — World’s worst-performing market slashes minimum price for stocks
    4. Bloomberg.com — GoTo Shares Plunge After Stock Exchange Removes Price Floor
    5. TradingView — Indonesia Stocks Extend Slide as Oil Climbs, Floor Rule Axed
    6. aktualita.co — JCI and 'Gocap' Stocks Enter New Era: Rp1 Minimum Price Starts Today
    7. investortrust.id — Bourse Scraps Rp 50 Price Floor to Revive Frozen Penny Stocks as Analysts Warn of Volatility Traps
    8. Reuters — Indonesia Stock Exchange changes focus of risk watchlist rules to company fundamentals
    9. article.wn.com — World’s worst-performing market slashes minimum price for ...
    10. forum.lowyat.net — Indonesia cut minimum price of shares to 1 rupiah - Lowyat.NET
    11. www.thejakartapost.com — Stocks plunge as IDX lowers minimum price cap
    confidence 100%
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