Skip to content
Subscriber Only

Indonesia Bourse Chief Sees Best Year for Stocks Since 2010

The Jakarta Composite Index is poised to extend this year’s gain by another 10 percent as the government takes steps to improve exports and infrastructure, according to the head of the nation’s stock exchange.

The benchmark gauge for Indonesia’s $410 billion equity market will probably climb 20 percent in 2014, the most since 2010, after gaining 10 percent this year through yesterday, President Director Ito Warsito said in an interview. The bourse plans to attract 30 initial public offerings in 2014, versus 31 last year, he said.