Indonesia Stock Exchange Celebrates 47th Anniversary
Jakarta. The Indonesia Stock Exchange (IDX) celebrated its 47th anniversary with a ceremony at its main hall. Mahendra Siregar, Chairman of the Financial Services Authority (OJK), highlighted the critical role of integrating environmental, social, and governance (ESG) principles into Indonesia’s capital markets.
“ESG is a key focus in global financial markets, including Indonesia,” Siregar said on Monday. “It offers long-term value by enhancing reputations, mitigating risks, and creating new opportunities while promoting transparency and sustainability in capital markets.”
Notable achievements include a market capitalization record of Rp 12,477 trillion on July 12 and an all-time high Jakarta Composite Index (JCI) of 7,433.315 on March 14. As of August 9, the average daily trading value was Rp 11.8 trillion, with daily volumes of 17.9 billion shares and 1.1 million transactions. The JCI was at 7,256.996, up 0.22 percent year-to-date, with a market cap of Rp 12,302 trillion.
Investor numbers have grown to 13.45 million, including 5.90 million stock investors. This year, IDX has added 34 new stocks, bringing the total to 936 listed companies, 97 bond issues, and 1 ETF. IPOs have raised Rp 5.15 trillion, with 28 more stock listings planned for 2024. EY Global IPO Trends ranks IDX 7th globally for listings and IPOs among ASEAN countries since 2018.
Mahendra also underscored Indonesia’s commitment to climate action through its carbon exchange. “We are focused on meeting our emission reduction targets and building a supportive ecosystem for ESG and a sustainable capital market,” he stated.
He concluded by congratulating the IDX on its 47th anniversary, expressing hope that the market’s resilience will continue to support Indonesia’s economic growth.
Tags: Keywords:Related Articles
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%.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.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.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.Indonesia Could Join Zimbabwe, Palestine in MSCI Standalone Market Downgrade
Indonesia risks joining Zimbabwe and Palestine in MSCI’s Standalone Market category, threatening foreign fund flows.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.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 mattersOJK Says Indonesian Market Still Attractive After MSCI Threat
OJK says the domestic market will remain "attractive" following MSCI's threat to downgrade Indonesia to a "standalone" status.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.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.The Latest
UN Boss Wants to Fix Security Council as Indonesia Seeks Seat
Outgoing UN chief Guterres says the current permanent member setup at the Security Council fails to reflect today's realities.Saudi Flagship Investment Conference Pushed to 2027 after Houthi Attacks
The annual Future Investment Initiative (FII), often dubbed "Davos in the Desert", was originally scheduled to take place from October 26-29Government Sets Aside Rp 1.3 Quadrillion for Final-Quarter Spending
Government spending has reached Rp 2.66 quadrillion, equivalent to 69.2% of the full-year budget target of Rp 3.84 quadrillion.Indonesia Probes 98 Corporate Wildfire Cases, Including Possible Foreign Links
Police investigate 98 corporate-related wildfire cases, including possible links to investors from neighboring countries.Students Plan Jakarta Protests to Mark Two Years of Prabowo's Presidency
Police have advised the public to avoid areas around the House of Representatives complex, the National Monument and the State Palace.Most Popular
