Market Pulse
Gloomy Facts Behind the Bright Dressing

Yopie Hidayat
Contributor

EVERY year-end, stock exchanges dress up. Share prices then tend to rise. In just the last two days, the Jakarta Composite Index climbed from below the psychological limit of 5,000 to above 5,200.

Such are the fruits of labor from investment managers' window dressing efforts. Through various ways, they transact to jack-up share prices, lending a luster to their portfolios, when their books close the year. So, going into 201

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