End of year holidays cut, exchange schedule change



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Jakarta, CNBC Indonesia – The Indonesian Stock Exchange (IDX) has adjusted the trading hours at the end of this year from December 28-30, 2020 to become a trading day after being previously designated as a trading holiday.

This refers to the Joint Decree of the Minister of Religion, the Minister of Manpower and the Minister of Empowerment of State Apparatuses and Bureaucratic Reform of the Republic of Indonesia dated December 1, 2020 Number 744 of 2020, Number 05 of 2020 and Number 06 of 2020 relative to the Fourth Amendment to the Joint Decree of the Minister of Religion, Minister of Manpower and Minister of Administrative Reform and Bureaucratic Reform Number 728 of 2019, Number 213 of 2019 and Number 01 of 2019 on National Holidays and Joint License in 2020.

This changes the trading hours of the stock exchange, which previously this year’s trading would end on December 23 and then there will be a holiday.

“Changes to the 2020 Stock Exchange Calendar can be readjusted if there is a change in compensation activities in the Bank of Indonesia’s operating calendar or if there is an announcement from the government about changes in national holidays and group holidays in 2020, “wrote the stock market decree, quoted on Thursday (03/12/2020). .

Thus, the December stock market holidays are as follows:

Exchange holidaysPhoto: EIB
Exchange holidays

With this setting, the trading day in December 2020 will be 19 days and the total trading day in 2020 will be 242 days.

[Gambas:Video CNBC]

(hps / hps)


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