IDX to Suspend Trading on Voting Day i

Initial public offerings are set to bounce back at the Indonesia Stock Exchange this year, with investors anticipating huge offerings in the second half, thanks to a more confident market taking cues from improving macroeconomic conditions. (Reuters Photo/Iqro Rinaldi)

By : Sarah Yuniarni | on 2:05 PM April 18, 2017
Category : Business, Markets

Jakarta. The Indonesia Stock Exchange, or IDX, announced on Tuesday (18/04) that all trading activities will be suspended on Wednesday to allow Jakarta residents to cast their ballots in the second round of the gubernatorial election.

The announcement comes on the heels of President Joko "Jokowi" Widodo's decree last Friday declaring April 19 a public holiday in the capital.

Bank Indonesia also announced that it will provide only limited operations on voting day.

The central bank's representative office in Jakarta will close on Wednesday, though offices outside the province are expected to operate normally.

Trading on the IDX is expected to resume on Thursday.

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