MarketsIndonesia 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
ERWIDA MAULIA, Nikkei staff writer
January 26, 2021 13:56 JST
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.