Showing posts with label emergingmoney. Show all posts
Showing posts with label emergingmoney. Show all posts

Tuesday, August 07, 2012

INDONESIA - FINANCE - Indonesian market reflects a growing economy

www.emergingmoney.com - With GDP of $1.1 trillion, Indonesia is the 15th-largest economy in the world. This growth is tracked by the Jakarta Composite Index, the benchmark equity index for the Indonesian market.

The Indonesia Stock Exchange was created in 2007, when the Jakarta Stock Exchange merged with the Surabaya Stock Exchange. The Jakarta Composite Index tracks all listed companies on the exchange relative to a base value of 100 that was set on August 10, 1982. In addition to sector-based indices, the exchange has created the Jakarta Islamic Index of 30 stocks in compliance with Islamic law.  (source)