Joining The OJK To Meet President Jokowi, IDX Boss Please Support The Addition Of An IPO Company

Screenshot of the Director of the Indonesia Stock Exchange, Iman Rachman. (Photo: Doc. Antara)

JAKARTA - President Director of the Indonesia Stock Exchange (IDX) Iman Rachman asked President Joko Widodo for support for the capital market industry in the country as the number of companies or issuers recorded on the IDX continues to increase.

"We convey to the President, maybe we need support related to the increasing number of companies or issuers listed in the capital market, so as to create equity for shareholders, especially domestic investors, both retailers and institutions," said Iman at a press conference at the Presidential Palace as reported by Antara, Monday, January 16.

In addition, he conveyed that the presence of the Law on the Development and Strengthening of the Financial Sector (UU P2SK) is a form of deepening the market and expanding trade on the IDX in the future.

"We appreciate the P2SK Law as a form of our market deepening going forward, as well as the expansion of IDX trading. Not only stock exchanges but also carbon exchanges," said Iman.

On this occasion, he reminded all parties that Indonesia's capital market performance was recorded positive at the close of trade in 2022.

JCI closed at the level of 6,850.52 or grew 4.09 percent year to date (ytd), and the market capitalization value reached IDR 9,509 trillion or grew 15.18 percent ytd on December 28, 2022. Which is the daily trading average at IDR 15 trillion," said Iman.

Then, the number of Indonesian capital market investors penetrated 10.3 million Single Investor Identification (SID) on December 28, 2022, of which 58.74 percent were dominated by investors under the age of 30. "Currently, 833 companies have been listed on the Indonesian capital market," said Iman.