Hospital operator and medical management services company Medikaloka Hermina made its trading debut on the Indonesia Stock Exchange on Wednesday (16/05) after having successfully completed its initial public offering (IPO). So far in 2018 a total of 14 companies have become publicly listed companies in Indonesia. Especially the month May has been rich in terms of IPOs. Meanwhile, up to 24 other companies are expected to be listed on the local bourse before the end of the first semester.
17 October 2019 (closed)
USD/IDR (14,140) -32.00 -0.23%
EUR/IDR (15,731) +30.31 +0.19%
Jakarta Composite Index (6,181.01) +11.42 +0.19%
Our Financial Columns offer analyses of subjects related to the Indonesian financial markets. Together, these columns - that also have high news value in the current state of the Indonesian economy - intend to provide a clear and detailed picture regarding the structure and performance of these markets.
Hospital operator Royal Prima made its trading debut on the Indonesia Stock Exchange on Tuesday (15/05) after having successfully completed its initial public offering (IPO). Royal Prima is the 13th company so far this year to became a publicly listed company in Southeast Asia's largest economy. There are now 578 companies listed on the Indonesia Stock Exchange. Danatama Makmur Sekuritas acted as lead underwriter.
Surya Pertiwi, an Indonesia-based sanitary ware company and the exclusive distributor of TOTO sanitary products, made its trading debut on the Indonesia Stock Exchange on Monday (14/05). It is the 12th company that has completed its initial public offering (IPO) on the Indonesia Stock Exchange so far in 2018. There are now 577 publicly listed companies in Indonesia.
Indonesia's current account balance - the broadest measure of the country's international trade - showed a deficit of USD $5.5 billion, equivalent to 2.15 percent of the nation's gross domestic product (GDP), in the first quarter of 2018. Compared to Q4-2017 (when the deficit was recorded at USD $6.0 billion, or 2.3 percent of GDP), the current account deficit (CAD) declined.