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GoTo Shares Plunge After Stock Exchange Removes Price Floor

Indonesia's stock exchange decision to eliminate its 50-rupiah price floor unleashed pent-up selling pressure from investors unable to exit.

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Shares that had previously been stuck at the gocap level can now be traded below Rp50 to Rp1.

Rp50 stocks plummeted and plummeted. Many stocks that had previously been stuck at $0.50 dropped to their ARB levels.

After months of being stuck at Rp50, GOTO shares finally moved below that level on Monday (September 28, 2026).

Dozens of shares were recorded trading below IDR 50 and experienced a sharp decline in trading on Monday (28/9/2026).

The Indonesia Stock Exchange (IDX) has started implementing changes to the minimum share price limit from IDR 50 to IDR 1 in trading today, Monday (28/9).

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Tribunnews.com broke the news on Monday, September 28, 2026.
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