Indonesia asks state businesses to buy back shares
JAKARTA, Indonesia - Indonesia's president urged state companies Thursday to buy up their own shares to quell a stampede of selling that sent the main stock index skidding more than 20 percent this week.
A trading freeze imposed on the Jakarta Stock Exchange Wednesday in response to sudden, steep loses may not be lifted until next week, said State-Owned Enterprise Minister Sofyan Jalil. [more, forbes]
A trading freeze imposed on the Jakarta Stock Exchange Wednesday in response to sudden, steep loses may not be lifted until next week, said State-Owned Enterprise Minister Sofyan Jalil. [more, forbes]
1 comment:
THumbs up. Too bad you don't update.
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