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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

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)