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Floor Of Jakarta Exchange Collapses During School Tour, 75 Injured

The second floor of the Indonesia Stock Exchange collapsed into the Lobby, injuring at least 75 people with 52 taken to three local hospitals.

A group of touring college students were among the injured.

 

According to Nick Owen, Indonesia correspondent for The Economist, “The stock exchange is one of Jakarta’s most modern buildings, hosting offices of World Bank and others. Not where one would expect such a disaster to occur.”

 

According to Bloomberg, “The stock exchange complex is composed of two 32-floor towers, with the intact Tower 1 completed in 1994 and the damaged Tower 2 in 1998, according to the developer Sudirman Central Business District’s website. The building also houses the World Bank’s local office, according to the bourse’s website. The exchange switched to automated trading in May 1995, clearing the trading floor of brokers. President Joko Widodo visited the exchange on the last trading day of 2017, his third visit in 6 months.”

In September 2000, the building was attacked in a suicide bombing by Islamic militants, however a bomb has been ruled out in yesterday’s collapse. The stock exchange said it would continue trading as normal “without significant change to the trading schedule.”

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3 comments

  1. sarcrilege

    Those people were too damn fat. Illustrative nevertheless. This image should be front and center when the shitcoin bubble bursts.

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  2. joyous__ending

    Sad to see people hurt. Be thankful we live in a country with decent building codes and inspectors.

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  3. sarcrilege

    @joy, It’s clear and obvious that NYC needs to improve their building codes since two aluminum, soft nose airplanes were able to accidentally penetrate steel and concrete and collapse three (3) buildings into its own footprint in a perfect, gravity defying, freefall. Those NYC building codes must be shit – especially since Mossad agents spent days and weeks examining all three structures and making sure it was solid. And then….

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