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ILLUSTRATION. Chairman Director of the Indonesian Stock Exchange (IDX) Inarno Djajadi (center)
Reporter: Kenya Intan | Editor: Herlina Kartika Dewi
KONTAN.CO.ID – JAKARTA. The government decided to cut the end of the year holidays and joint holidays in December 2020, Tuesday (12/1). The joint license reduction takes place over three days, namely December 28, December 29 and December 30, 2020.
This decision was made after PMK Coordinating Minister Muhadjir Effendy held a coordination meeting with Interior Minister Tito Karnivan, MenPANRB Tjahjo Kumolo, Menaker Ida Fauziyah, Minister of Religion Fachrul Razi, National Police Chief, General Idham Azis, the Head of BNPB Doni Monardo and the Head of KSP Moeldoko.
To trade on the stock exchange, the chairman and director of the Indonesian Stock Exchange (IDX), Inarno Djajadi, said he would review the schedule. However, for now his party is still awaiting the Bank Indonesia (BI) compensation schedule.
“Once it’s clear we’ll do a review,” he explained when confirmed by Kontan.co.id on Tuesday (1/12).
Read also: The government officially cuts the end of the year holidays by 3 days, here are the full details
Previously, the stock exchange had said it would review the vacation schedule in accordance with the president’s instructions.
At the 2020 Capital Market Media Gathering, which was held semi-virtually, on Tuesday (1/12), it was revealed that December 23, 2020 was originally the last share trading date in 2020 .
However, the date is likely to be postponed according to a government announcement.
For your information, according to the calendar above on the IDX website, the trade is closed from December 24 to December 31, 2020 due to Christmas celebrations and collective holidays. If we stick to the previous calendar, the share price during December is only 17 days.
However, on Tuesday (1/12), the government decided to revise the calendar for the 2021 Christmas and New Year holidays as follows:
- Thursday, December 24, 2020: Joint Christmas
- Friday, December 25, 2020: Christmas holidays
- Monday, December 28, 2020: no holiday
- Tuesday, December 29, 2020: Not a holiday
- Wednesday, December 30, 2020: no holiday
- Thursday, December 31, 2020: holiday to replace Eid Al-Fitr 2020
- Friday, January 1, 2021: New Year’s Party
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