IDX
No Trumpets at Year’s End

The drop in the share index at the Indonesia Stock Exchange is the fourth worst in the world. Some really hard work will be needed to put things right.

January 6, 2009

THE sounds of the song Bangun Pemudi-Pemuda (Awaken Young People), accompanied by a bamboo instruments band, reverberated around the floor of the Indonesia Stock Exchange (IDX), after Finance Minister Sri Mulyani officially closed trading at the end of the year, last week. There was however no blowing of trumpets or balloons being released into the air. There were no market players wearing colored hats. The traditional end of year close of tradin

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