Indonesia Stock Exchange

Exchange entity Indonesia Stock Exchange (IDX)
Conducts business in Indonesia
Number of listed companies (dec./16, WFE) 537
Domestic market capitalization (in Millions USD, dec./16, WFE) 433,822
Has signed the SSE Commitment Letter? No
Has prepared SSE Communication to Stakeholders? No
Requires ESG reporting as a listing rule? No
Offers written guidance on ESG reporting? No
Offers ESG related training? No
Provides sustainability-related indices? Yes;
  • KEHATI-SRI Index This index was formed in cooperation between the Indonesian Stock Exchange with the Indonesian Biodiversity Foundation (KEHATI). SRI stands for Sustainable Responsible Investment. This index is expected to provide additional information to investors who wish to invest in issuers that have performed very well in encouraging sustainable businesses, as well as awareness of the environment and running good corporate governance. Source
Offers green bonds listings? No
Additional Information
Organizational model of stock exchange
  • Private company for profit
Regulatory bodies
  • Indonesian Capital Market and Financial Institutions Supervisory Agency
Regulatory model
  • Limited Exchange Self-Regulatory Organization (SRO) Model In Indonesia, the capital markets are regulated by the Indonesian Capital Market and Financial Supervisory Agency. The agency is responsible for the supervision of the Indonesia Stock Exchange, the enforcement of the Capital Markets Act and of its own rules and regulations. The Indonesia Stock Exchange, on the other hand, is self-regulatory and regulates its own market and possesses the ability to enact rules on listing and membership requirements. However, there is no evidence that the exchange is able to regulate its members' business conduct or participate in any more significant regulatory functions. Several additional tasks are handled by two other regulatory bodies: the Indonesian Central Securities Depository and the Indonesian Clearing and Guarantee Corporation.
About the stock exchange
  • Location: Jakarta, Indonesia The capital market in Indonesia has actually exist long before the Independence of Indonesia. The first stock exchange in Indonesia was established on 1912 in Batavia during the Dutch colonial era. At that time, the Exchange was established for the interest of the Dutch East Indies (VOC). During those era, the capital market grew gradually, and even became inactive for a period of time due to various conditions, such as the World War I and II, power transition from the Dutch government to Indonesian government, etc.Indonesian government reactivated its capital market in 1977, and it grew rapidly ever since, along with the support of incentives and regulations issued by the government.