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(Approaching) End of Year Present

Tuesday, November 16, 2004

The JSE share index has rapidly outdistanced all other stock exchanges in Asia apart from the Philippines—triggered by improvements in the telecommunications and banking sectors.

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INDONESIA is in the midst of preparing itself to become the best performing stock exchange in Asia. Up to the end of last week, the Jakarta Composite Index at the Jakarta Stock Exchange (JSE) was still maintaining its position at the 888.738 level, after having set a new record of 893.639 during the previous week. Compared to its position at the beginning of the year, the Jakarta Composite Index (JCI) has risen almost 27 percent.

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