Investing in Indonesia ADRs / Indonesian Stocks List
Local telecommunications giant PT Telekomunikasi Indonesia Tbk (NYSE: TLK), commonly abbreviated as Telkom Indonesia, is the only Indonesian ADR left trading on the NYSE after more lightly traded PT Indosat Tbk (OTCMKTS: PTINY) relisted on the OTC. However, the locally listed subsidiaries of several major foreign MNCs like Unilever and Vale do maintain ADRs on the OTC while Aberdeen Asset Management has offered the Aberdeen Indonesia Fund (NYSEMKT: IF) as an Indonesia closed-end fund since March 1990. Investors interested in Indonesia ADRs should also check out our Indonesia ETF list, Southeast Asia ETF list (region wide) and Asia Pacific ETF list pages. For a better understanding of the risks associated with investing in Indonesia ADRs or stocks, check out our following article posted on Seeking Alpha: Speculators And Hit-And-Runs: An Indonesia Investing Reality Check.
Note: If there are any ADRs to add or remove from this list or there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
List of Indonesian ADRs Trading on Major US Stock Exchanges & the Over-the-Counter (OTC) Exchange
The Indonesia Stock Exchange
The Indonesia Stock Exchange or Bursa Efek Indonesia was formed in 2007 through the merger of the Jakarta Stock Exchange with the Surabaya Stock Exchange. The two primary stock market indices are the Jakarta Composite Index and the Jakarta Islamic Index (JII) with the latter being established in 2002 to act as a benchmark to measure market activities based on Sharia (Islamic law).
Here are some useful and mostly English news resources for investing in Indonesian ADRs or stocks or about Indonesia in general:
- Globe Asia
- Indonesia Business Daily
- National Antara News (The Indonesia News Agency)
- SWA (Bahasa)
- The Bali Times
- The Jakarta Post
- The Jakarta Globe
Note: If you have a good blog or other useful resource for investing in Indonesia or about Indonesian stocks in general, please let us know as we would be happy to do a link exchange.