Indonesia bourse attracts investment from Japanese peer

Jokowi government keen to strengthen financial sector as middle class grows

20200825N Indonesia Stock Exchange

The Indonesia Stock Exchange building in Jakarta: The government is looking to cultivate the country's financial sector as the middle class increasingly takes to stock and bond trading. © Reuters

DAISUKE SUZUKI, Nikkei staff writer

TOKYO -- Japan Securities Finance, a provider of capital for margin trades, has acquired a 10% interest in a group arm of the Indonesia Stock Exchange as it seeks to generate business beyond the lethargic Japanese market.

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