Market Currents

In Indonesia, corruption and instability have ruled the day for years - but now it's megamalls...

Saturday, August 7, 2010, 8:55 AM ET
In Indonesia, corruption and instability have ruled the day for years - but now it's megamalls and traffic, as a rapidly surging middle class starts turning the country into an economic powerhouse. Its stock market is one of the best-performing in Asia, up more than 20% YTD. (ETF: IDX)

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This news story has 5 comments:

Duude Comments (3274)

Its good to see Indonesia provide a successful role model to other Muslim nations of both democracy and capitalism at work.

7 Aug 2010, 10:45 AM Reply Like

Not_a_planner Comments (183)

I considered buying both an Indonesian and Vietnam county ETF but balked at both since I am unsure how to understand any of the companies they hold

7 Aug 2010, 01:28 PM Reply Like

Duude Comments (3274)

I'd look at both the Vietnam and Indonesia ETFs as just a matter of getting specific exposure on each of their underlying markets. The indonesian ETF (IDX) holds 100 Indonesian stocks with almost 60% of its assets in ten companies and the Vietnamese ETF (VNM) having almost all in 10 stocks.

7 Aug 2010, 01:54 PM Reply Like

TraderMark Comments (2422)

Highlighted Indonesia in May 2009. Stupidly did not pile into the ETF however!

www.fundmymutualfund.c...

I'd make a case that Indonesia is more interesting than Russia, or at least should be added to the BRIC!

7 Aug 2010, 04:57 PM Reply Like

mike mohr Comments (444)

Its good to see Indonesia provide a successful role model to our own government. There is no hope for Islam.

7 Aug 2010, 05:09 PM Reply Like

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