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Emerging Asia-Pacific Capital Markets: Challenges and Opportunities

Emerging Asia-Pacific Capital Markets: Challenges and Opportunities
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Indonesian stock exchange launches technical classification to lure investors

Indonesian stock exchange launches technical classification to lure investors
News Highlights: Indonesian stock exchange launches technical classification to lure investors
JAKARTA – The Indonesia Stock Exchange has launched a new industry classification for more than 700 publicly traded companies, aiming to attract more investment in healthcare technology and equities as it aims to boost trading during the COVID-19 pandemic .
The new IDX Industrial Classification consists of 12 sectors, 35 sub-sectors, 69 industries and 130 sub-sectors. It went into effect on Monday, replacing the 25-year-old Jakarta Stock Industrial Classification, or Jasica, which spans just nine sectors and 56 sub-sectors.
IDX executives said Jasica no longer serves the needs of the exchange, which has 724 listed companies, about three times as many as when the old classification was introduced in 1996. ....

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