JKT
Indonesia’s first stock exchange that is primarily established in 1912 for the interest of Dutch East India Company. The exchange was shut during World Wars I and II. When reopened in 1952, Indonesian government bond was the sole exchanged security. It became idle from 1956-1972 and was reactivated in 1997. After its reactivation, trading activity continued to be slow with only 24 companies listed in the exchange. In 2007, JKT merged with Surabaya Stock Exchange to create Indonesia Stock Exchange.
POPULAR TERMS
Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
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