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Markets

Indonesia bourse launches tech classification to lure investors

Exchange hopes to boost trading in new sectors, including health care

IDX executives say the old Jakarta Stock Industrial Classification no longer fits the needs of the bourse because of the wider variety of companies trading on the exchange.    © Reuters

JAKARTA -- The Indonesia Stock Exchange has launched a new industrial classification for over 700 companies listed on the bourse, seeking to attract more investment in technology and health care stocks as it looks to encourage trading amid the COVID-19 pandemic.

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