IPOs in Indonesia may gather momentum in second half this year

IPOs in Indonesia may gather momentum in second half this year

People walk past a statue of a bull as they enter the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Photographer: Dimas Ardian/Bloomberg

Indonesia’s capital market is set to gather momentum in the second half of this year as corporates who were earlier adopting a ‘wait and watch’ policy are gearing up to make their offerings soon.

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