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Indonesia to reopen stock trading on Sunday |
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11:39, October 12, 2008 |
The Indonesian Capital Market Supervisory Agency (BAPEPAM-LK) decided to reopen stock market trading on Sunday and allowed listed companies to buy back their shares.
"If shareholders expect to buy back on Sunday, we would let the market open for 24 hours," the leading website Detikcom on Saturday quoted the head of BAPEPAM-LK Fuad Rahmany as saying.
Indonesia has halted trading on the stock market since Wednesday, when the benchmark index plunged by 10.38 percent due to fears about the impacts of the global financial crisis.
Source: Xinhua
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