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Hopes for ECM revival

机译:希望ECM复兴

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摘要

Hopes for a revival in Indonesia's equity capital markets are building, after the completion of a block trade and the launch of an IPO for matahari department store. CVC subsidiary Asia Color raised Rp2.49trn late on February 28 from the block sale of 190m shares in blue-chip Matahari Department Storeat Rp13,100 each, while concrete-maker wijaya karya beton set the price range for its IPO of Rp961bn-Rp1.3trn last Tuesday. Pressure on the rupiah on concerns over the country's current account deficit made Indonesia one of the more volatile Asian markets in the second half of 2013. The rupiah fell 21% against the US dollar in 2013, while the JSX index was down 27% in August from its May 2013 high. As a result, equity issues turned into a trickle and even those that made it had to reduce price ranges or the numbers of shares sold, slashing deal sizes.
机译:在完成大宗交易并为matahari百货商店启动IPO之后,印尼股市资本市场复苏的希望正在建立。 CVC的子公司Asia Color在2月28日晚间通过大宗出售1.9亿股蓝筹Matahari Department Store的股票以每股Rp13,100的价格发行Rp2.49trn,而混凝土制造商wijaya karya beton设定了其IPO发行价Rp961bn-Rp1的价格范围。上周二3trn。由于担心印尼盾的经常帐赤字,印尼盾在2013年下半年成为亚洲更加动荡的市场之一。印尼盾兑美元在2013年下跌了21%,而JSX指数在8月下跌了27%从2013年5月的高点开始。结果,股票发行变成了trick细流,甚至那些导致其不得不缩小价格范围或出售股票数量的股票也大打折扣。

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