Indonesia Stock Exchange updates risk watchlist rules to prioritize company fundamentals

John Mair: John Mair works as an editor at Reuters. He handled the editing for the report on the Indonesia Stock Exchange's updates to its risk watchlist criteria. His role ensured the accuracy and clarity of the coverage on the regulatory shift. Iding Pardi: Iding Pardi is a director at the Indonesia Stock Exchange. He explained the refinements to the watchlist board rules, stating that fundamental criteria are retained while liquidity-related provisions are adjusted. His remarks underscore the exchange's intent to maintain focus on core business health amid broader market changes. Stefanno Sulaiman: Stefanno Sulaiman is a Reuters journalist based in Indonesia who covers business and market developments. He reported the details of the Indonesia Stock Exchange's announcement on watchlist rule revisions. His reporting provides the primary account of the changes and related comments from exchange officials. Indonesia Stock Exchange: The Indonesia Stock Exchange operates Indonesia's main stock market and manages listing standards along with trading oversight. It has revised its risk watchlist board criteria to emphasize company fundamentals such as revenue generation, financial performance, and legal matters over share price or liquidity factors. The updates took effect immediately and were announced to support improved price discovery. Market Mechanism: Provisions tied to share prices and liquidity have been removed from the watchlist criteria to aid price discovery. Regulatory Update: The Indonesia Stock Exchange has shifted its risk watchlist focus to company fundamentals including financial performance and legal status.