Sign up | Log in



Indonesian bourse resumes trading, share prices fall

Related Stories

October 11, 2008
Global Credit Crisis:
Panic-selling hits markets in SE Asia

October 10, 2008
Indonesia keeps its bourse closed as Wall Street dives

October 10, 2008
Global crisis: Malaysia may have to revise 2009 growth

October 9, 2008
Global Financial Crisis Impact:
Thailand maintains rate on growth concern, political turmoil

October 8, 2008
Ex-IMF chief: Asia will ride out crisis

October 4, 2008
US Financial Meltdown:
House passes revised bailout 

October 3, 2008
US Financial Meltdown:
House urged to follow Senate’s lead
Asian markets remain wary

October 2, 2008
US Financial Meltdown:
Bailout package sails through Senate 
Financial crisis has little impact on Thai banks

October 1, 2008
Regional stocks rebound after Wall Street rally

September 30, 2008
US Financial Crisis:
Rejected bailout drags down stocks in Asean


October 13, 2008

Indonesian bourse resumes trading, share prices fall
The Indonesia Stock Exchange (IDX) resumed trading this morning at 9.30, with the main index falling, following a three-day trading suspension due to massive fallout, reported local daily the Jakarta Post.

Once opened, the index fell to the 1,388.814 points, and the sentiments remained bearish, analysts said.

The index continued to fall further by 6 percent from the opening to the level of 1,363.326 at about 10 a.m.

Analysts said that the continuing fall on the main index was caused by unsettled stock trading last Wednesday, when the IDX management suspended all trading after midday closing. reported that the situation on the IDX trading floor remained normal, no panicking among traders was seen. Some of the traders looked relaxed, reading newspapers, while others receiving phone calls from clients.

The IDX management has introduced a new automatic suspension system, which would automatically suspend trading whenever a share price or stock index falls or rises by 10 percent.

Previously, the automatic suspension would have only occurred when a share price or stock index fell or rose by 35 percent.

The last time the IDX suspended all trading last Wednesday, the stock index fell by 10 percent.

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand