Surabaya Stock Exchange (SSX) (Indonesian: Bursa Efek Surabaya (BES)) was a stock exchange that officially opened on June 16, 1989, based on the Minister of Finance Decree of Indonesia No.
It was established in order to support the Indonesian government in capital markets and economic development in the East Region of Indonesia.
[1] Surabaya Stock Exchange was originally opened in 1925 during the Dutch colonial era,[2] but it was closed in early 1939 due to the ongoing World War II.
[4] On 22 July 1995, the SSX merged with the Indonesian Parallel Stock Exchange (IPSX), leaving only two primary exchanges operating in Indonesia.
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