DESPITE COMPLETED PRIVATIZATION, JAKARTA STOCK EXCHANGE SHOWS NO VIGOR

Although PT Bursa Efek Jakarta has been operational for a month, share trading on the stock exchange has not started to show significant growth. According to the players on the stock exchange, the slack atmosphere on the stock exchange has been caused largely by the fear on the part of investors which has arised as a result of PT Bursa Efek Jakarta's policy on company delisting and listing.

A share issuer listed on the Jakarta Stock Exchange can be delisted for one of the following reasons: if it suffers losses for three consecutive years; it suffers a loss equivalent to 5