Jakarta's first stock exchange: Operations and significance, 1890s-1950s

Description

Well before the current Indonesia Stock Exchange started operations in 1977 in Jakarta, the city had been home to a stock exchange. Few know today of its existence and its operations remain a mystery. Colonial era publications are dismissive of its significance. What is fact and what is myth? This presentation outlined the development of Jakarta’s first stock exchange, between its stepwise institutionalisation since 1898 and its demise in 1958. The purpose of the presentation is to place the case of Indonesia in the literature on the significance of stock markets in the process of mobilising external capital for investment by private enterprise in emerging economies. It turned out that brokers participating in the stock exchange traded the shares and bonds of companies that operated in Indonesia and that were registered in Indonesia or in The Netherlands. Many of these securities were also traded on the much larger stock exchange in Amsterdam. Although both securities markets were formally

Period	16 Mar 2022
Event title	ANU Indonesia Study Group seminar
Event type	Conference
Location	Canberra, Australia, Australian Capital TerritoryShow on map
Degree of Recognition	International