2 Companies to Join IDX after Week-Long Eid Holiday
Jakarta. Two companies will go public as soon as the Indonesia Stock Exchange (IDX) resumes trading on Tuesday after a week-long holiday for Eid al-Fitr.
The energy consulting company Atlantis Subsea Indonesia will become the 21st company to get listed on the IDX this year after conducting an initial public offering at Rp 100 per share.
According to the IDX data, the company has a market capitalization of Rp 619.95 billion ($39 million).
Multi Hanna Kreasindo, which offers services to reuse, recycle, and recover industrial waste, also will join the IDX after an IPO with a market capitalization of Rp 600 billion.
ADVERTISEMENT
Related Articles
Business
5 hours ago
MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
Business
9 hours ago
Indonesian Bank Stocks Hit Pandemic-Era Valuations After MSCI Shock
Indonesian bank stocks hit crisis-era lows as MSCI's downgrade proposal sparks a selloff and fuels fears of foreign outflows.
Business
Oct 17, 2026 | 11:53 am
Black Week for Indonesia Stocks Exchange as Market Loses $85 Billion
Indonesia’s stocks plunged 14.91% in a week, wiping out $94 billion in market value as MSCI weighs a downgrade to standalone status.
Business
Oct 16, 2026 | 5:09 pm
Indonesia Fines DSSA, BREN and CUAN Rp 2.1 Trillion for Market Violations
OJK fines DSSA, BREN and CUAN Rp 2.1 trillion over stock manipulation and alleged irregularities in share offerings.
Business
Oct 16, 2026 | 12:20 pm
MSCI Warning Raises Existential Questions for Indonesia's Stock Market, Economist Says
MSCI's downgrade threat tests Indonesia's market credibility, with an economist urging reforms to restore investor trust.
Business
Oct 16, 2026 | 11:38 am
Explainer: What Is MSCI Market Classification and Why Does It Matter for Indonesia?
MSCI classifies stock markets as developed, emerging, frontier or standalone. Here’s how the system works and why Indonesia’s status matters
Business
Oct 13, 2026 | 4:19 pm
OJK Flags 19 Stocks for High Ownership Concentration
OJK flags 19 stocks for high ownership concentration and will step up scrutiny of actively traded shares over manipulation risks.
Business
Oct 9, 2026 | 3:43 pm
Indonesia Braces for MSCI Review in November
MSCI has given Indonesia time until November, warning that it could downgrade Jakarta’s status to frontier markets.
Business
Oct 6, 2026 | 4:08 pm
Jakarta Stocks Rise 1.21% as Indonesia Lags in AI Boom
Indonesia’s stocks gained 1.21% as the World Bank said the country is lagging Malaysia and Vietnam in benefiting from the AI boom.
Business
Oct 5, 2026 | 9:09 pm
OJK: Stocks Once Stuck at Rp 50 Are Finding New Market Prices
OJK says stocks once stuck at Rp 50 are finding new equilibrium prices and liquidity after Indonesia lowered the trading floor to Rp 1.The Latest
Special Updates
1 hours ago
Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates
2 hours ago
AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business
2 hours ago
Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News
4 hours ago
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle
5 hours ago
Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.Most Popular
1
Bali Fuel Queues Persist Despite Odd-Even License Plate Rule
2
Black Week for Indonesia Stocks Exchange as Market Loses $85 Billion
3
UN Chief Visits Indonesia to Discuss Multilateralism, Peacekeeping
4
'Never Seen Anything Like It': Mass Looting Grips Paris
5
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
