STOCK EXCHANGE
Alarm from Kebon Sirih
Share prices continue to soar. Bank Indonesia deems share prices to be overvalued.
April 21, 2010
THE morning session of share transactions hadn’t started yet. Dozens of investors were already crowding the trade gallery of PT Mandiri Sekuritas in the Bank Mandiri building, on Jalan Gatot Subroto, Jakarta, on Thursday of last week. Flocking the desks and chairs in the room, with impatience written all over their faces, they were passionately desiring to buy and sell shares at the Indonesia Stock Exchange, IDX.
The Jakarta share market is i
...