Indonesia Stock Exchange or IHSG (Indeks Harga Saham Gabungan) was suspended indefinitely Wednesday on the Jakarta Stock Exchange after shares plunged more than 10 percent on fears about the global financial crisis.
The benchmark JSX index tumbled 168.1 points, or 10.4 percent to 1,451.67 points before the trading halt was ordered just before midday.
The Indonesian Stock Exchange suspended trading for a second straight day Thursday following a drop of more than 10 percent amid a rout in global markets.ADVERTISEMENT
"Hopefully the market will resume (Friday)," said the exchange's president director, Erry Firmansyah.
The exchange suspended trading for only the second time in its history on Wednesday after the main index plunged 10.4 percent. It fell by a similar margin on Monday.
The only other time trade had been halted was when a bomb exploded in the basement of the exchange in 2000, killing 10 people.
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