Indonesia cuts minimum stock price in bid to boost market liquidity
UKPulse Money Desk
Indonesia, identified as the world's worst-performing market, has reduced the minimum price for stocks.
- Indonesia has lowered the minimum price at which shares can trade.
- The change allows shares to trade at a fraction of a US cent.
- The move is an attempt to boost market liquidity.
Indonesia, currently identified as the world's worst-performing market, has implemented a change to its stock market regulations. The country has slashed the minimum price at which shares can be traded.
This adjustment will allow stocks to trade at a tiny fraction of a US cent. The measure is reportedly an effort to boost liquidity within the market.