IDX Pede Share Transaction Value On IDX Reaches IDR 12.25 Trillion In 2024

Indonesian stock exchange (photo: dock. Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) recorded the average daily transaction value (RNTH) in the Indonesian stock market of IDR 10.75 trillion as of December 2023. This amount meets the 2023 target.

IDX President Director Iman Rachman said the global macroeconomic condition, including the high rate of Fed interest rates and high inflation in a number of developed countries, caused this year's RNTH to decrease compared to 2022 which was valued at IDR 14.7 trillion.

"So, investors have the option to buy bonds. This is a challenge, including domestic, ORI, and so on, making investors, especially retail investors, switch," said Iman quoting Antara.

Furthermore, Iman said the IDX targets RNTH to reach IDR 12.25 trillion next year, with a target of recording as many as 230 effects.

Then, IDX targets as many as 2 million Single Investor Identification (SID) or investors next year.

Throughout this year, the Indonesian capital market, the arrival of 79 new listed companies that have held an Initial Public Offering (IPO), has managed to raise funds of IDR 54.14 trillion.

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

"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 total fund-based shares of IDR 54.14 trillion and bonds of IDR 126.97 trillion," he said.

On this occasion, Iman also revealed that the total value of Indonesia's Carbon Exchange (IDXCarbon) transactions reached IDR 30.91 billion as of December 28, 2023.

Total trading volume was recorded at 494,254 tonnes of carbon equivalent (CO2), with a total carbon unit reaching 1,757,949 carbon units and a total of 46 users.