Indonesia to become Southeast Asia's biggest stock market
BloombergPublished on Thu, Jan 16, 2020 / 2:50 PM GMT+8
A-
A
A+
Follow us on Facebook and join our Telegram channel for the latest updates.
(Jan 16): Indonesia, Southeast Asia’s largest economy, is finally poised to take the title of the biggest equity market in the region.
Its market value of US$529 billion ($712 billion) has nearly matched that of slumping Thailand, which snatched the top spot from Singapore in May, buoyed by a strengthening baht. With its currency giving back some gains and economic growth trailing forecasts, the SET Index is the region’s only benchmark to decline in the past three months.
Have a premium account? Sign in to continue reading.
Unlimited access to all stories from $99.9/year*
The latest reporting and analysis from business and investments to news and views on social issues.
Home 
