JAKARTA -- The capital market in Indonesia is at an interesting crossroads. On one hand, a host of companies are queuing up to tap the stock markets against a backdrop of strong macroeconomic fundamentals, while on the other, some are adopting a 'wait-and-see' policy before taking the plunge.
Markets
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Listings on the Indonesia Stock Exchange in 2019 were dominated by mid-sized and smaller companies, each raising less than 500 billion rupiah. Only six companies out of 54 listing last year raised more than 500 billion rupiah. © Reuters
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