IDX will implement five new stock fraction in May

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The Indonesian Stock Exchange (IDX) will implement five new stock price fraction in May 2 from currently has three fraction groups. IDX’s director of corporate valuation Samsul Hidayat explained the stocks with prices of Rp50-Rp200 will have Rp1 fraction with a maximum change of Rp10. Stocks with worth around Rp200-Rp500 will have a fraction of Rp2 with a maximum change of Rp20. While, stocks with prices between Rp500 and Rp2,000 will have a fraction of Rp5 with a maximum change of Rp 50 with a maximum change of up to Rp 100. And stocks with prices above Rp 5,000 will have a fThe fraction of stocks with a price range of Rp 2,000 to Rp 5,000 will be raised to Rp 1raction of Rp25 with a maximum change of Rp 250.

 

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Source: The Insiderstories
IDX will implement five new stock fraction in May

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