Indonesia sees biggest rise in Far East markets

Of the Far East emerging markets, the Indonesian index has seen the greatest rise so far this year, up 24.70% in sterling terms. From the start of the year to 26 May, the high double-digit returns of the Jakarta index are in contrast to more developed market returns such as the -4.18% sterling return from the Taiwan weighted index and the 6.31% fall in the Korean market, according to Bloomberg figures. Taiwan has been affected by the Sars epidemic, while South Korea has been hampered by weak confidence as a result of the corruption investigations into SK Group, according to Angus ...