VIVAnews -Finance Minister Sri Mulyani Indrawati officially closed transactions for the year 2008 at the Indonesian Stock Exchange (IDX). During the last transactions, the IDX index strengthened to 1,355.44. Compared to 2007 closing, it was a decrease by up to 50.05%
In the year 2008, the IDX index ranked fourth with the worst performance in Asia. This is the result of the global economic crisis. It was also in this year that for the first time in history the stock exchange authorities suspended trading. This happened on 8 October 2008.
The impact of the crisis could be felt. There were no horns being sounded during the closing this time around.
TEXT: Umi Kalsum | PHOTOS: VIVAnews/Tri Saputro | TRANSLATION: Ramona Sofianne Dewi Sasradipoera