{
    "success": true,
    "data": {
        "id": 2040085,
        "msgid": "jci-plunges-8-as-idx-halts-share-trading-at-the-open-1792119074",
        "date": "2026-10-16 09:22:14",
        "title": "JCI Plunges 8% as IDX Halts Share Trading at the Open",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Finance",
        "summary": "The Jakarta Composite Index (JCI) fell 8.01% at the opening on 16 October 2026, triggering a 30-minute trading halt by the Indonesia Stock Exchange (IDX). The article outlines the exchange\u2019s escalating circuit-breaker thresholds and says the rules are intended to give investors more time and liquidity to assess their investment strategies amid sharp market falls.",
        "content": "<p>The Jakarta Composite Index (JCI) came under heavy pressure at the\nopening of trading on Thursday, 16 October 2026. The index plunged\n8.01%, prompting the Indonesia Stock Exchange (IDX) to temporarily halt\nshare trading.<\/p>\n<p>The JCI fell 469.86 points to 5,393.92 at the start of trading. The\ndecline exceeded the 8% threshold that triggers a temporary trading halt\non the exchange.<\/p>\n<p>The IDX imposed the trading halt through the Jakarta Automated\nTrading System (JATS) at 9am Western Indonesian Time. Trading was\nscheduled to resume at around 9.30am, with no change to the trading\nschedule.<\/p>\n<p>Blue-chip shares also came under pressure. The LQ45 index, which\ntracks the performance of 45 leading stocks, fell 49.14 points, or\n8.33%, to 540.95.<\/p>\n<p>The temporary halt was imposed under IDX rules for a sharp decline in\nthe JCI during a single trading day. The measure gives investors time to\nconsider available information before deciding on their investment\nstrategies.<\/p>\n<p><strong>IDX trading-halt rules<\/strong><\/p>\n<p>The IDX has a trading-halt mechanism to address significant falls in\nthe JCI. The rules set out the exchange\u2019s response according to the\nscale of the index\u2019s decline during the same trading day.<\/p>\n<p>The stages of trading suspension under the rules announced by the IDX\nare:<\/p>\n<ul>\n<li><p>If the JCI falls by more than 8%, trading is temporarily halted\nfor 30 minutes.<\/p><\/li>\n<li><p>If the JCI falls further, by more than 15%, the IDX imposes\nanother 30-minute trading halt.<\/p><\/li>\n<li><p>If the JCI decline exceeds 20%, and the fall continues, the IDX\nsuspends trading until the end of the session or for more than one\ntrading session, subject to approval or an order from the Financial\nServices Authority (OJK).<\/p><\/li>\n<\/ul>\n<p>Under this mechanism, trading can be halted in stages if pressure on\nthe JCI deepens.<\/p>\n<p>A trading halt temporarily stops trading for a specified period. A\ntrading suspension, by contrast, may last until the end of the session\nor for more than one session, in accordance with the applicable rules\nand with OJK approval or direction.<\/p>\n<p><strong>Purpose of the revised trading-halt rules<\/strong><\/p>\n<p>The IDX said the revised provisions for implementing trading halts\nare intended to give investors greater scope for liquidity as they\ndetermine their investment strategies.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jci-plunges-8-as-idx-halts-share-trading-at-the-open-1792119074",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}