Danareksa tops bond trading

Mon, 01 Jun 1998, 00:00 WIB | Source: JP

JAKARTA (JP): State owned PT Danareksa Sekuritas has been
named the best member of the Surabaya Stock Exchange (SSX) for
its marked achievement in bond trading in 1997.

The SSX said Saturday that PT Bahana Sekuritas came second and
PT Peregrine Securities third for their high transaction volumes.

Danareksa's bond transaction value last year topped Rp 1.46
trillion (about US$140 million), a surge of 109 percent from Rp
700.66 billion. The value recorded by Danareksa was 30 percent of
the SSX's total transactions of Rp 4.98 trillion.

As of April this year, Danareksa had recorded Rp 500 billion
in transaction value, or 35 percent of the SSX's total bond
transaction value of Rp 1.61 trillion. (gis)

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