Mon, 22 Dec, 2014
Our news stories are also available via
Click here for further information.
Mailing List
Alert me to site
updates

qck.com spacer
avoid tax, offshore tax, inheritance tax, property tax uk

Search QCK.COM


880
10-01-05 12:53
Tsunami hits Jakarta shares

By RACHEL CONSTANTINE


The stock market in Jakarta has seen its biggest slide in a month, after the country doubled the likely cost of rebuilding from the Asian tsunami.

The fall came as Indonesia said it expected debt repayments of up to 30 trillion rupiah (£1.7bn) to be frozen to help pay for the recovery.

By Monday's close, the Jakarta Stock Exchange was down 2.1% at 1,011.15.

Bar a slight dip at the New Year, The JSE had risen steadily by 4.7% since the tsunami hit.

Construction and property companies in particular have gained ground, although banks were among the main fallers on Monday.


Links:



Related news:



<- Back to the news list

rss