Share Fever

Recently, the JSE has been subject to a share trading frenzy and a two-year record high index. Is this a sign that Indonesia's economy is on the road to recovery?

April 23, 2002

Dealers at the Jakarta Stock Exchange (JSE) have shed their customarily gloomy demeanor. One JSE dealer gives a possible explanation: "We're making big profits, man", he says grinning.

Over the past few weeks, a horde of investors partook of the profits enjoyed by the JSE. Stepping out of a long-term low, Jakarta's composite index has recorded substantial gains. As if injected with a strong dose of vitamins, the index recorded a

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