Indonesia plans cut to share price floor to 1 rupiah
Indonesia Stock Exchange plans to lower its minimum share price to 1 rupiah from 50 rupiah, a Citi Research note says. The change was set for Monday but delayed to later this month.
Indonesia Stock Exchange's recent plan to lower its minimum share price to 1 rupiah from 50 rupiah is expected to improve transparency and price discovery, Citi Research analysts said in a note. The change, originally set for Monday, has been delayed until later this month, they said.