Research

IHSG: 24% Of The Stocks Are "Untradable" & "Uninvestable"

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Algo Research Team

Market | Mar 30, 2024 | Views: 1242

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Key Summary:

  • How does the new auction work?
  • IDX auction regulation is net negative
  • Why large cap stocks that are illiquid not included?

This week, the Indonesian stock market got a surprise where IDX launched a new special monitoring board stage II for 221 stocks that meet 11 criteria and trading these stocks is done through periodic call auction.


The magnitude in terms of market capitalization is minimal since the combined market cap is only 3.1% of total IHSG, but in terms of quantity it is very significant as it effects 24% of all the stocks in the market.

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