{
    "success": true,
    "data": {
        "id": 1299239,
        "msgid": "jsx-revises-share-price-spread-1447893297",
        "date": "2000-10-18 00:00:00",
        "title": "JSX revises share price spread",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "JSX revises share price spread JAKARTA (JP): The Jakarta Stock Exchange (JSX) announced on Tuesday that as of Oct. 20, 2000 it would replace the current maximum bid\/offer price spread from the current single fraction to a multi-fraction. Under the multi-fraction policy, share prices of below Rp 500 (5.68 U.S. cents) will have a fraction of Rp 5 with a maximum bid\/offer price spread of Rp 50.",
        "content": "<p>JSX revises share price spread<\/p>\n<p>JAKARTA (JP): The Jakarta Stock Exchange (JSX) announced on<br>\nTuesday that as of Oct. 20, 2000 it would replace the current<br>\nmaximum bid\/offer price spread from the current single fraction<br>\nto a multi-fraction.<\/p>\n<p>Under the multi-fraction policy, share prices of below Rp 500<br>\n(5.68 U.S. cents) will have a fraction of Rp 5 with a maximum<br>\nbid\/offer price spread of Rp 50.<\/p>\n<p>Share prices of between Rp 500 to Rp 5,000 will have a<br>\nfraction of Rp 25 with a maximum bid\/offer price spread of Rp<br>\n250.<\/p>\n<p>Whereas share prices of Rp 5,000 and above will have a<br>\nfraction of Rp 50 with a maximum bid\/offer price spread of Rp<br>\n500.<\/p>\n<p>The JSX said it was converting to the multi-fraction policy to<br>\nadapt to the increasing influence of external factors in the<br>\nlocal capital market.<\/p>\n<p>\"In a bearish market situation, this adjustment will have the<br>\nimportant impact of reducing market volatility and increasing<br>\ntrade liquidity,\" the exchange said. (bkm)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jsx-revises-share-price-spread-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}