Indonesian stock index ends 2013 with losses

jakarta-stock-exchangeThe Indonesian stock index was down 1 per cent in 2013, a result of concerns about Indonesia’s current account deficit and a plan by the US Federal Reserve to reduce its stimulus programme, beginning in January 2014.

It was the first loss on the bourse since 2008.

Indonesia’s stock exchange recorded about 21 trillion rupiah ($1.71 billion) of net foreign selling so far in the year to December 27, according to Thomson Reuters data.

The bourse said it would reduce trading sizes to 100 shares per lot from 500 shares starting next week, in an effort to increase market liquidity and attract retail investors.

The exchange in Jakarta will be closed on December 31 and January 1 for New Year holidays.



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The Indonesian stock index was down 1 per cent in 2013, a result of concerns about Indonesia's current account deficit and a plan by the US Federal Reserve to reduce its stimulus programme, beginning in January 2014. It was the first loss on the bourse since 2008. Indonesia's stock exchange recorded about 21 trillion rupiah ($1.71 billion) of net foreign selling so far in the year to December 27, according to Thomson Reuters data. The bourse said it would reduce trading sizes to 100 shares per lot from 500 shares starting next week, in an effort to increase market liquidity...

jakarta-stock-exchangeThe Indonesian stock index was down 1 per cent in 2013, a result of concerns about Indonesia’s current account deficit and a plan by the US Federal Reserve to reduce its stimulus programme, beginning in January 2014.

It was the first loss on the bourse since 2008.

Indonesia’s stock exchange recorded about 21 trillion rupiah ($1.71 billion) of net foreign selling so far in the year to December 27, according to Thomson Reuters data.

The bourse said it would reduce trading sizes to 100 shares per lot from 500 shares starting next week, in an effort to increase market liquidity and attract retail investors.

The exchange in Jakarta will be closed on December 31 and January 1 for New Year holidays.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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