August 12, 2019 / 3:38 AM / in 10 days

Indonesia stock exchange sees more than 57 companies launching IPOs in 2019: director

A man takes pictures inside the Indonesia Stock Exchange building in Jakarta, Indonesia, September 6, 2018. REUTERS/Willy Kurniawan/Files

JAKARTA (Reuters) - Indonesia Stock Exchange estimates more than 57 companies will launch initial public offerings (IPO) this year, director I Gede Nyoman Yetna told reporters on Monday.

Thirty-two companies have been listed since the start of the year to early this month, he said, and 18 more are already preparing to be listed.

Reporting by Cindy Silviana; Writing by Fransiska Nangoy; Editing by Michael Perry

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