Indonesia to scrap pandemic-era trading restrictions at end-March - regulator

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Indonesia to scrap pandemic-era trading restrictions at end-March - regulator
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JAKARTA : Indonesia's financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in a letter to investors.The agency known as OJK had imposed the temporary rules at the start of the COVID-19 pandemic in 2020 to protect the mar

JAKARTA : Indonesia's financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in a letter to investors.

Inarno Djajadi, head of capital markets supervision at OJK said in the letter, a copy of which was obtained by Reuters on Friday, that the regulator will not extend the rules beyond the end of this month as the government removed all coronavirus-related mobility restrictions late last year.According to the letter, from April the regulator will allow short-selling to resume for a list of stocks where it was previously suspended.

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