Baring to resume JSX trading

Baring to resume JSX trading

JAKARTA (JP): PT Baring Securities Indonesia (BSI) announced here yesterday its plan to resume full trading on the Jakarta Stock Exchange (JSX) this week.

The move was made following the announcement on the acquisition of all businesses, assets and liabilities of the Barings Group by ING Group, a Dutch financial services giant.

BSI, an Indonesian affiliate of the Barings Group, suspended trading last Monday following the collapse of its London-based principal company.

In a brief statement made available to The Jakarta Post last night, BSI, one of major brokerage companies in the country, said that it planned to resume full trading this week.(hen)