For A Week, IDX Colored With Positive Data Starting From Bond Recording, Sukuk, ETF

Illustration (Photo: Doc. Antara)

JAKARTA The IDX30 ETF KISI Index Mutual Fund with the XKID code issued by PT KISI Asset Management (KISI AM) is officially listed on PT Bursa Efek Indonesia (IDX).

XKID is an ETF with an IDX30 Index reference which is a price index of 30 stocks that have high liquidity and large market capitalization and is supported by good corporate fundamentals.

During the week, there were 3 bonds and 1 sukuk recorded on the IDX, namely Shelf-Registered Bonds IV Indah Kiat Pulp & Paper Phase III Year 2023, Shelf-Registered Sukuk Mudharabah III Indah Kiat Pulp & Paper Phase III Year 2023, Shelf-Registered USD Bonds I Indah Kiat Pulp & Paper Phase II Year 2023, and Shelf-Registered Bonds II Provident Investment with Phase I Year 2023.

Shelf-Registered Bonds IV Indah Kiat Pulp & Paper Phase III Year 2023 were recorded on the IDX on Wednesday 22 November with a value of Rp1,188 trillion with the rating results from PT Pemeringkat Efek Indonesia (Pefindo) being idA+ (Single A Plus).

On the same day, Sukuk Mudharabah Berkelanjutan III Indah Kiat Pulp & Paper Phase III Year 2023 was recorded on the IDX with a nominal value of IDR 395 billion with the rating result from Pefindo being idA+(sy) (Single A Plus Syariah).

Meanwhile, on Thursday, November 23, the USD Sustainable Bond I Indah Kiat Pulp & Paper Phase II Year 2023 was officially listed on the IDX. Bonds were recorded with a value of 3.93 million US dollars which received rating results from Pefindo and PT Kredit Rating Indonesia (KRI) respectively, namely idA+ (Single A Plus) and iraA (Double A).

The three emissions were issued by PT Indah Kiat Pulp & Paper Tbk with the trustee of PT Bank KB Bukopin Tbk.

Selanjutnya, Bonds Berkelanjutan II Provident Investasi Bersama Tahap I Tahun 2023 yang diterbitkan oleh PT Provident Investasi Bersama Tbk (PALM) resmi tercatatkan di IDI. Bonds tercatatkan dengan nilai Rp157 miliar dan hasil pemeringkatan dari Pefindo adalah idA (Single A).

PT Bank Rakyat Indonesia (Persero) Tbk acts as the Trustee of these bonds.

The total bond and sukuk emissions recorded throughout 2023 were 104 emissions from 56 issuers worth IDR 113.29 trillion. With this recording, the total bond and sukuk emissions recorded on the IDX amounted to 539 emissions from 127 issuers with outstanding IDR 458.22 trillion and 72.987 million US dollars.

State Securities (SBN) were recorded on the IDX totaling 191 series with a nominal value of Rp5,536.74 trillion and US$486.11 million. Asset Wearing Effects (EBA) of 9 emissions worth Rp2.84 trillion.

Stock trading data on the IDX during the period from 20 to 24 November 2023 closed positively.

The highest increase this week occurred in the average volume of daily share transactions, which amounted to 29.18 percent to 21.88 billion shares from 16.94 billion shares last week.

Meanwhile, the average daily transaction value of shares this week also increased by 10.89 percent to Rp9.57 trillion from Rp8.63 trillion in the previous week.

The average daily transaction frequency of shares increased by 4.35 percent to 1,123,494 transactions from 1,076,690 last week.

The Composite Stock Price Index (JCI) this weekend managed to return to the psychological level of 7,000, to be precise closing at the level of 7,009,631, an increase of 0.46 percent from the level of 6,977,668 at the close of last week.

Meanwhile, this week's stock market capitalization also increased by 0.17 percent to Rp11.05 trillion from Rp11.04 trillion in the previous week.

Foreign investors today recorded a net selling value of IDR 943.48 billion in shares, and throughout 2023 foreign investors have recorded a net selling value of IDR 14.24 trillion.