The Indonesia Stock Exchange has launched a new industrial classification for over 700 companies listed on the bourse, seeking to attract more investment in technology and health care stocks as it looks to encourage trading amid the COVID-19 pandemic.
The new IDX Industrial Classification consists of 12 sectors, 35 subsectors, 69 industries and 130 subindustries. It took effect on Monday, replacing the 25-year-old Jakarta Stock Industrial Classification, or Jasica, which comprises just nine sectors and 56 subsectors.
