The Financial Services Authority (OJK) issued an anticipatory measure in reducing sharp fluctuations in the capital market






The Financial Services Authority (OJK) issued a policy as an anticipatory measure in reducing sharp fluctuations in the capital market. The OJK orders Indonesia Stock Exchange (IDX) to stop trading for 30 minutes if the Jakarta Composite Index (IHSG) falls 5% or more. This was revealed in the OJK’s letter to the Indonesia Stock Exchange (IDX) regarding the Orders to Halt Trading on the IDX under Capital Market Conditions. (CNBC Indonesia)

China’s economy is beginning to revive, as the government signals progress in battling the coronavirus outbreak that has killed more than 3,100 people and sickened tens of thousands at home. Government controls and the fear of going outside have curtailed consumer spending, and many factories are still not working at full capacity due to clogged logistics systems, a lack of staff, or limited supplies and raw materials. The economy was likely running at 70% to 80% capacity last week, according to a Bloomberg Economics report, while China International Capital Corp estimated it was at about 76% as of March 8. (Bloomberg)

Source: Danareksa Sekuritas Debt Research
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