What is ‘Jakarta Stock Exchange (JKT) .JK’
Indonesia’s first stock exchange. Founded in 1912 for the interest of the Dutch East India Company, the Jakarta Stock Exchange was closed during parts of World Wars I and II. When it reopened in 1952, the only exchanged security was the Indonesian government bond. The exchange became inactive from 1956-1977, and despite being reactivated in 1977, trading activity continued to be slow, with only 24 companies listed.
Explaining ‘Jakarta Stock Exchange (JKT) .JK’
Regulatory changes between 1988 and 1992 improved trading activity. The Exchange introduced its automatic trading system in 1995 and began to implement remote trading in 2002. In 2007, the Jakarta Stock Exchange merged with the Surabaya Stock Exchange to form the Indonesia Stock Exchange.
Further Reading
- Minority shareholders' protection in the Indonesian Capital Market – heinonline.org [PDF]
- Economic complexity as network complication: Multiregional input-output structural path analysis – link.springer.com [PDF]
- Symbolic political communication, and trust: a young voters' perspective of the Indonesian presidential election – www.tandfonline.com [PDF]
- Towards a feminist political economy framework for analyzing employment-related geographical mobility – www.tandfonline.com [PDF]
- Factors leading to Market Segmentation of fashion house business based on customer behavior: Evidence from Bangladeshi Fashion Industry – papers.ssrn.com [PDF]
- Risk, Infrastructure, and Rural Market Integration: Implications of Infrastructure Provision for Food Markets and Household Consumption in Rural Indonesia – jicari.repo.nii.ac.jp [PDF]
- Does the US EXIM Bank really promote US exports? – onlinelibrary.wiley.com [PDF]
- Persistence in law of one price deviations: Evidence from micro-data – www.sciencedirect.com [PDF]