{"id":27829,"date":"2026-09-22T21:40:15","date_gmt":"2026-09-22T14:40:15","guid":{"rendered":"https:\/\/portalutama.net\/index.php\/2026\/09\/22\/perubahan-batas-harga-terendah-dan-ara-arb-efek-bersifat-ekuitas-dan-dinfra\/"},"modified":"2026-09-22T21:40:15","modified_gmt":"2026-09-22T14:40:15","slug":"perubahan-batas-harga-terendah-dan-ara-arb-efek-bersifat-ekuitas-dan-dinfra","status":"publish","type":"post","link":"https:\/\/portalutama.net\/index.php\/2026\/09\/22\/perubahan-batas-harga-terendah-dan-ara-arb-efek-bersifat-ekuitas-dan-dinfra\/","title":{"rendered":"Perubahan Batas Harga Terendah dan ARA\/ARB Efek Bersifat Ekuitas dan DINFRA"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div itemprop=\"articleBody\">\n<!-- ARTICAL CONTENT --><\/p>\n<p>PT Bursa Efek Indonesia (BEI) mengubah ketentuan batasan harga terendah (minimum) dan batasan A<em>uto Rejection<\/em> (AR) untuk Efek Bersifat Ekuitas dan Dana Investasi Infrastruktur (DINFRA) yang diperdagangkan di Pasar Reguler dan Pasar Tunai. BEI menurunkan batasan tersebut.<\/p>\n<p>Sekretaris Perusahaan BEI, Elsierra Putri Yosita menyampaikan bahwa perubahan Peraturan ini diatur dalam 2 Surat Keputusan (SK) Direksi BEI. Pertama, SK nomor Kep-00136\/BEI\/09-2026 perihal Perubahan Peraturan Nomor II-A tentang Perdagangan Efek Bersifat Ekuitas. Kedua, SK Direksi BEI Nomor Kep-000137\/BEI\/09-2026 perihal Perubahan Peraturan Nomor II-O tentang Perdagangan Unit Penyertaan Dana Investasi Infrastruktur Berbentuk Kontrak Investasi Kolektif di Bursa.<\/p>\n<p>Pembaruan peraturan tersebut akan mulai efektif diberlakukan pada Senin (28\/09\/2026).<\/p>\n<p>Ia menyampaikan penyesuaian utama yang dilakukan adalah perubahan batasan harga terendah (minimum) dari semula Rp50 menjadi Rp1.<\/p>\n<p>Penyesuaian batasan harga terendah tersebut turut diikuti dengan penyesuaian batasan <em>Auto Rejection<\/em> yang berlaku. Dengan perubahan ini, saham yang sebelumnya berada pada harga Rp50 dapat diperdagangkan dengan rentang harga yang lebih luas untuk meningkatkan kualitas <em>price discovery<\/em>, mendorong peningkatan likuiditas, serta memberikan fleksibilitas pelaku pasar dalam pengelolaan portofolio investasinya.<\/p>\n<p>Adapun ketentuan <em>Auto Rejection<\/em> Atas (ARA) dan <em>Auto Rejection<\/em> Bawah (ARB) yang berlaku sampai dengan 31 Desember 2026 masih mempertahankan ARB asimetris sebesar 15% untuk Efek Bersifat Ekuitas dengan harga di atas Rp10.<\/p>\n<p>Dengan penyesuaian batasan harga minimum menjadi Rp1, untuk Efek dengan rentang harga Rp1 sampai dengan Rp10, batasan ARA dan ARB ditetapkan sebesar Rp1. Kemudian, mulai 1 Januari 2027, ketentuan ARB akan kembali diterapkan secara simetris sesuai rentang harga, sebagaimana berikut:<\/p>\n<table style=\"height: 538px;\" width=\"1001\">\n<tbody>\n<tr>\n<td colspan=\"3\" width=\"185\">\n<p style=\"text-align: center;\"><strong>Saat Ini<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\" colspan=\"3\" width=\"204\"><strong>Setelah Perubahan Peraturan II-A<\/strong><\/p>\n<p><strong>\u00a0(berlaku 28 September 2026\u201331 Desember 2026)<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\" colspan=\"3\" width=\"190\"><strong>Setelah Perubahan Peraturan II-A<\/strong><\/p>\n<p><strong>\u00a0(berlaku 1 Januari 2027)<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"79\"><strong>Rentang Harga<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"44\"><strong>AR Atas<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"62\"><strong>AR Bawah<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"101\"><strong>Rentang Harga<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"45\"><strong>AR Atas<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"58\"><strong>AR Bawah<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"88\"><strong>Rentang Harga<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"44\"><strong>AR Atas<\/strong><\/td>\n<td width=\"58\">\n<p style=\"text-align: center;\"><strong>AR Bawah<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" width=\"185\">\u00a0<\/td>\n<td width=\"101\">Rp1 \u2013 Rp10<\/td>\n<td width=\"45\">Rp1<\/td>\n<td width=\"58\">Rp1<\/td>\n<td width=\"88\">Rp1 \u2013 Rp10<\/td>\n<td width=\"44\">Rp1<\/td>\n<td width=\"58\">Rp1<\/td>\n<\/tr>\n<tr>\n<td width=\"79\">Rp50 \u2013\u00a0 \u2264Rp200<\/td>\n<td width=\"44\">35%<\/td>\n<td width=\"62\">15%<\/td>\n<td width=\"101\">Rp11 \u2013\u00a0 \u2264Rp200<\/td>\n<td width=\"45\">35%<\/td>\n<td width=\"58\">15%<\/td>\n<td width=\"88\">Rp11 \u2013\u00a0 \u2264Rp200<\/td>\n<td width=\"44\">35%<\/td>\n<td width=\"58\">35%<\/td>\n<\/tr>\n<tr>\n<td width=\"79\">&gt;Rp200 \u2013 \u2264Rp5.000<\/td>\n<td width=\"44\">25%<\/td>\n<td width=\"62\">15%<\/td>\n<td width=\"101\">&gt;Rp200 \u2013 \u2264Rp5.000<\/td>\n<td width=\"45\">25%<\/td>\n<td width=\"58\">15%<\/td>\n<td width=\"88\">&gt;Rp200 \u2013 \u2264Rp5.000<\/td>\n<td width=\"44\">25%<\/td>\n<td width=\"58\">25%<\/td>\n<\/tr>\n<tr>\n<td width=\"79\">&gt;Rp5.000<\/td>\n<td width=\"44\">20%<\/td>\n<td width=\"62\">15%<\/td>\n<td width=\"101\">&gt;Rp5.000<\/td>\n<td width=\"45\">20%<\/td>\n<td width=\"58\">15%<\/td>\n<td width=\"88\">&gt;Rp5.000<\/td>\n<td width=\"44\">20%<\/td>\n<td width=\"58\">20%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u00a0<\/p>\n<p>Sebagai dampak dari perubahan Peraturan Nomor II-A, BEI juga melakukan penyesuaian ketentuan <em>Auto Rejection<\/em> atas perdagangan Unit Penyertaan DINFRA melalui perubahan Peraturan Nomor II-O. Adapun penyesuaian ketentuan <em>Auto Rejection<\/em> Unit Penyertaan DINFRA dengan rincian sebagai berikut:<\/p>\n<table style=\"height: 271px;\" width=\"725\">\n<thead>\n<tr>\n<td colspan=\"3\" width=\"282\">\n<p style=\"text-align: center;\"><strong>Sebelum Perubahan<\/strong><\/p>\n<\/td>\n<td colspan=\"3\" width=\"270\">\n<p style=\"text-align: center;\"><strong>Setelah Perubahan<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"127\">\n<p style=\"text-align: center;\"><strong>Rentang Harga<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"71\"><strong>AR Atas<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"85\"><strong>AR Bawah<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"123\"><strong>Rentang Harga<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"66\"><strong>AR Atas<\/strong><\/td>\n<td width=\"81\">\n<p style=\"text-align: center;\"><strong>AR Bawah<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" width=\"282\">\u00a0<\/td>\n<td width=\"123\">Rp1 \u2013 Rp10<\/td>\n<td width=\"66\">Rp1<\/td>\n<td width=\"81\">Rp1<\/td>\n<\/tr>\n<tr>\n<td width=\"127\">\u2265Rp50<\/td>\n<td width=\"71\">10%<\/td>\n<td width=\"85\">10%<\/td>\n<td width=\"123\">&gt;Rp10<\/td>\n<td width=\"66\">10%<\/td>\n<td width=\"81\">10%<\/td>\n<\/tr>\n<\/thead>\n<\/table>\n<p>                            <!-- [ICONOMICS] --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theiconomics.com\/change-management\/perubahan-batas-harga-terendah-dan-ara-arb-efek-bersifat-ekuitas-dan-dinfra\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PT Bursa Efek Indonesia (BEI) mengubah ketentuan batasan harga terendah (minimum) dan batasan Auto Rejection (AR) untuk Efek Bersifat Ekuitas<\/p>\n","protected":false},"author":2,"featured_media":25580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,13],"tags":[],"class_list":["post-27829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-150x150.jpeg","medium":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-300x223.jpeg","medium_large":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-768x572.jpeg","large":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561.jpeg","1536x1536":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561.jpeg","2048x2048":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561.jpeg","colormag-highlighted-post":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-392x272.jpeg","colormag-featured-post-medium":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-390x205.jpeg","colormag-featured-post-small":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-130x90.jpeg","colormag-featured-image":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-800x445.jpeg","colormag-default-news":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-150x150.jpeg","colormag-featured-image-large":"https:\/\/portalutama.net\/wp-content\/uploads\/2026\/09\/BEI-e1750302009561-900x600.jpeg"},"magazineBlocksPostAuthor":{"name":"Redaksi","avatar":"https:\/\/secure.gravatar.com\/avatar\/b7471c990eaf3bbb9eb8588768e7506fe3240b053ad738bae905f94f0ebd1eb0?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"PT 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