Analysis: Short-selling in limbo as public unrest hits Indonesian stocks – Academia
ndonesia’s stock market took a heavy blow in late August during nationwide riots and protests. On the Sep. 5 market close, the Indonesia Stock Exchange Composite fell to 7,867.35; by Sep. 8, after the weekends, it had dropped to 7,766.85, a decline of about 1.28 percent.
The sharp increase of foreign-driven selling has cast doubt on the IDX’s earlier plans to roll out short selling for 243 securities in the form of shares and six mutual fund securities. During periods of political…
