JAKARTA (Yosefardi) – The Indonesian Stock Exchange (IDX) will in near term change lot size and tick prices of shares.
Lot size will be cut to 100 share from current 500 shares while categorization of tick prices will be cut to 3 from 5 categories.
That 3 categorization are tick price of Rp1 for shares priced below Rp500, tick price of Rp5 for shares priced between Rp500 to Rp5,000 and tick price of Rp25 for shares priced above Rp5,000.
IDX intends to create a smooth market movement and reduce market impact to investors.