Makindo refuses to change terms on IPO despite JSE crashing through 400 barrier

21 Nov 1997

THE JAKARTA Stock Exchange (JSE) crashed through the 400 point barrier this week, reaching a four year low. The Jakarta index has lost almost half its value since the beginning of the rupiah devaluation on July 9 when it peaked at 742.95. The JSE closed yesterday (Thursday) at 396.13. ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.