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A New Period of WorldTurbulence

Monday, 25 September 2000

. tempo : 167016369838

Martin P.H. Panggabean *)
*) Economist at Bank Mandiri

 

When the Jakarta stock market plummeted by 31 points on Sept. 18, 2000, many domestic analysts directly blamed the bomb explosion at the Jakarta Stock Exchange (JSX) building as the main cause. We, on the other hand, beg to differ. In our opinion, most of the decline in the JSX can be directly attributed to weak sentiments toward regional stocks. In turn, part of the weak sentiment

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