Jakarta Stock Exchange (JKT) .JK

AAA

DEFINITION of 'Jakarta Stock Exchange (JKT) .JK'

Indonesia's first stock exchange. Founded in 1912 for the interest of the Dutch East India Company, the Jakarta Stock Exchange was closed during parts of World Wars I and II. When it reopened in 1952, the only exchanged security was the Indonesian government bond. The exchange became inactive from 1956-1977, and despite being reactivated in 1977, trading activity continued to be slow, with only 24 companies listed.

INVESTOPEDIA EXPLAINS 'Jakarta Stock Exchange (JKT) .JK'

Regulatory changes between 1988 and 1992 improved trading activity. The Exchange introduced its automatic trading system in 1995 and began to implement remote trading in 2002. In 2007, the Jakarta Stock Exchange merged with the Surabaya Stock Exchange to form the Indonesia Stock Exchange.

RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Shareholder

    Any person, company or other institution that owns at least one ...
  3. Barcelona Stock Exchange (BAR) ...

    One of Spain's four major securities exchanges. Established in ...
  4. Listed Security

    A financial instrument that is traded through an exchange, such ...
  5. Option

    A financial derivative that represents a contract sold by one ...
  6. Security

    A financial instrument that represents: an ownership position ...
Related Articles
  1. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  2. The Birth Of Stock Exchanges
    Personal Finance

    The Birth Of Stock Exchanges

  3. Getting To Know The Stock Exchanges
    Options & Futures

    Getting To Know The Stock Exchanges

  4. Can stocks be traded on more than one ...
    Investing

    Can stocks be traded on more than one ...

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center