Indonesia exchange lowers trading price floor and adds investment options

The Indonesia Stock Exchange (BEI) has reduced its minimum trading price and introduced additional investment options during its new board’s first 100 days. The measures form part of its 2026–2030 master plan, which aims to improve transparency, liquidity and market resilience.

From 28 September 2026, the price floor for shares and DINFRA fell to Rp1 from Rp50, alongside adjustments to automatic rejection limits. BEI also revised its High Shareholding Concentration methodology, adding a price impact ratio for stocks with market capitalisation above Rp5 trillion and providing for periodic reviews.

Intraday Short Selling became available on 1 October 2026, initially supported by two exchange members and five underlying stocks. BEI reported average daily short-selling turnover of Rp1.68 billion from the start of trading through 8 October 2026.

Gold exchange-traded funds also expanded. Five funds from five investment managers were listed on 10 August 2026; by 8 October 2026, the numbers had risen to seven funds and seven managers.

For prospective listings, BEI strengthened financial and fundamental requirements and revised free-float calculations. It also removed the minimum public offering price and eased procedures for reserving and changing company codes, while retaining listing assessments and disclosure requirements.

Reforms undertaken with OJK and KSEI include ownership transparency, stronger investor classification and a minimum free float of 15%. Separately, the IDX Green Equity Designation took effect on 31 July 2026, with the stated aim of making green-based shares more visible and improving listed companies’ access to sustainable funding.

Gadjah Mada University professor and capital-market observer Eduardus Tandelilin said the measures addressed market credibility and quality, but cautioned that the first 100 days were insufficient to assess their full impact.