IDX Ranks 6th Most IPOs In 2023

IDX (Photo: Aris Nurjani/VOI) year-end closures (Photo: Aris Nurjani/VOI)

JAKARTA - PT Bursa Efek Indonesia (IDX) recorded throughout 2023, new listings of securities on the IDX include 79 shares, and the number of listed companies on the IDX has reached 903 to 28 December.

Based on the report of EY Global IPO Trends 2023, IDX is ranked 6th in terms of the Initial Public Offering (IPO), and is ranked 9th in terms of total fund-based among global exchanges.

IDX President Director Iman Rachman said that the Indonesian capital market in 2023 will not only record various positive achievements, but also provide encouragement and optimism to face 2024.

"Indonesia's capital market in 2023 will not only record various achievements in terms of supply and demand, but also from trading activities," he explained at a press conference for the inauguration of the closing of trading in 2023, Friday, December 29.

Throughout 2023, the listing of new effects on the IDX includes 79 shares, 120 bond emissions, 3 ETF, 2 EBA-SP, and 182 structured wargans with a total fund raised share of IDR 54.14 trillion and bonds of IDR 126.97 trillion.

Iman conveyed that the addition of recording 79 new shares in 2023 was the highest achievement in the history of the Indonesian capital market.

Iman continued that the IDX continues to strive to attract listed company candidates, such as providing education related to the IPO in the form of seminars, coaching clinics, masterclasses, one-on-one, either at the center or in the regions through the IDX Representative Office.

"In the event of improving the quality of prospective listed companies, the IDX has adjusted Regulation Number IA in 2021 regarding financial requirements and market capitalization which is expected to accommodate more various types of companies," he said.

The Indonesian capital market has also provided e-IPO (www.e-ipo.co.id) facilities to make it easier for the wider community to participate as investors in the initial public offering process.

According to Iman, positive achievements are also reflected in the increasing public interest in investing in the Indonesian capital market. Capital market investors consisting of stock investors, bonds and mutual funds increased by 1.85 million investors to 12.16 million investors.

Meanwhile, specifically for stock investors, there was an increase of 811 thousand stock investors to 5.25 million stock investors. The participation of retail investors still has the highest transaction portion in 2023, followed by increased participation from institutional investors.

"This reflects investor confidence that is still quite well maintained despite being faced with various challenges and the global and domestic economic situation," he explained.