Indonesia's Financial Services Authority relaxes buyback rules as JCI falls

Indonesia's Financial Services Authority relaxes buyback rules as JCI falls

Visual from OJK website

Indonesia’s Financial Services Authority (OJK) has relaxed the buyback rules for public listed companies, helping the market rebound to recover, after it had  entered bearish territory last week. The Jakarta composite index (JCI) had dropped 1.9 per cent to 4,356.902 on Friday (August 21)to its lowest close since Jan. 28, 2014.

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