Indonesian stock index ends 2013 with losses

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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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Reading Time: 1 minute

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.

Reading Time: 1 minute

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.

Do you like this post?
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