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View all search resultsIndonesia-Stock-Exchange
Markets 1 week ago
PREMIUM
IDX still drafting new free float rules as deadline nears
The bourse is racing against time as it tries to finish new rules on formalizing a minimum free float hike from 7.5 to 15 percent as part of its proposed solution to MSCI, with the Nyepi-Idul Fitri extended holiday just around the corner.
Regulations 1 month ago
PREMIUM
Prabowo ordered purge of IDX, OJK leadership, brother says
Hashim Djojohadikusumo, who is the special envoy for climate change and the brother of President Prabowo Subianto, said the five IDX and OJK officials who resigned soon after last month’s market crash did so in direct response to the President’s order.
Regulations 1 month ago
PREMIUM
Heads roll at IDX, OJK, as govt vows to fix stock market
It is not immediately clear whether the resignations of five high-ranking officials at the Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) were voluntary or forced. Senior minister Airlangga Hartarto said President Prabowo Subianto is monitoring the stock exchange following the market meltdown.
Regulations 1 month ago
PREMIUM
Govt vows swift changes to heed MSCI demands for RI stocks
Both Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) have promised to act fast and change stock market regulations pursuant to points made by Morgan Stanley Capital International (MSCI) that prompted a massive sell-off.
Markets 1 month ago
Indonesia stocks tank as downgrade risk triggers capital flight
MSCI's warning is the latest setback for Southeast Asia's largest economy as foreign capital flows out due to concerns about how President Prabowo Subianto is widening the fiscal deficit and ramping up the state's involvement in financial markets.
