| Trading Hours |
Preopening |
08:45 – 08:59 |
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Opening Match Auction |
08:59 – 09:00 |
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| Continuous trading 1st session |
09:00 – 12:00 (M-T) |
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| Lunch Break |
12:00 – 13:30 (M-T) |
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| Continuous trading 2nd session |
13:30 – 15:50 (M-T) |
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| Pre Closing |
15:50 – 16:00 |
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| Closing Match Auction |
16:00 – 16:05 |
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| After hours |
16:05 – 16:15 |
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Time Zone |
GMT+7 |
Trading Days |
Monday - Friday |
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Trading Currency |
Rupiah (IDR) |
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Main Index |
Index name |
Jakarta Stock Exchange Composite Index |
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Reuters code |
.JKSE |
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Reuters code |
.JCI |
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Exchange Code |
Reuters |
.JK |
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Bloomberg |
IJ |
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Trading ID/ Trading Requirement |
The requirement is for investor to set up Indonesian single investor ID (SID). The easiest way to this is to have custodian bank set up the SID. |
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Settlement Cycle |
Regular Market T+2 |
Cash Market T+0 |
Negotiated Market Based on agreement btw Buyer/Seller |
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Current Index Status |
MSCI EM - FTSE Secondary EM |
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Market Cap |
$760bn |
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| Year | AVG VALUE TRADED |
|---|---|
|
2021 |
$816mn |
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2022 |
$828mn |
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2023 |
$588mn |
| Price Fractio Scale | Price Fraction | Maximum Price Movement |
| < 200 | 1 | 10 |
| 200 < 500 | 2 | 20 |
| 500 < 2,000 | 5 | 50 |
| 2,000 < 5000 | 10 | 100 |
| >= 5,000 | 25 | 250 |
* Stock step value and its maximum price step are valid for one entire
trading day and will be adjusted on the next day if its closing price falls
on a different price range. The maximum price step should not exceed
the percentage of Auto Rejection limit.
Closing
Price
Auction Price
Rejection
Limit
| No. | Reference Price | Auto Rejection’s Limit | Volume Order Limit |
| 1 | 50 to 200 | >35% | > 50,000 lot or 5 % of stock’s listed shares |
| 2 | 200 too 5,000 | >25% | |
| 3 | > 5,000 | >20% |
Lot
09:00 - 11:30 & 14:00 - 16:!5 (F)
Market
Crosses Crosses
Foreiegners can own up to 100% of the total shares listed on IDX, including banks. Banks can list maximum of 99% of total shares on IDX. Atleast 1% of the banks’shares, which are not listed on IDX must be own by Indonesian or by an Indonesian company.
In the event of a purchasing or sale conducted in the market capital, who own (directly or indirectly) of at least 5% in an issuer or a public company to report said shareholding (as well as each change in ownership) within 10 calendar days after the date of the transaction; and any subsequent changes of ownership of at least 0.5%.
Not permitted .
Not permitted .
No. But if crossing price beyond auto-rejection rage, IDX will need written explanation.
| Market Fees | 4.4bps on the buy plus 11% VAT on commission 14.4bps on the sell plus 11% VAT on commission |
| Dividend Withholding Tax | 20% |
| Capital Gains Tax | None |