Below is a list with tagged columns and company profiles.

Today's Headlines IDX

  • Indonesia Stock Exchange Announces 2017 Targets

    Indonesia Stock Exchange Announces 2017 Targets

    The Indonesia Stock Exchange (IDX) targets to see a total of 35 initial public offerings (IPOs) in 2017. To achieve this target the IDX will raise efforts to encourage Indonesian companies to go public. Besides these IPOs, the IDX also targets to see 60 companies to conduct a rights issue next year. These targets were announced by IDX Director Tito Sulistio after the extraordinary general meeting on Thursday (20/10). So far in 2016, only 12 companies went public in Indonesia. This poor score is the result of high uncertainty on the global financial markets.

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  • Stock Market Indonesia: Aneka Tambang Wins IDX Best Blue 2016

    Stock Market Indonesia: Aneka Tambang Wins IDX Best Blue 2016

    The Indonesia Stock Exchange (IDX) ranked state-controlled mining company Aneka Tambang (or, Antam) as "the IDX Best Blue 2016". This ranking determines the best performing companies - listed on the IDX - in the period September 2015 to August 2016 based on matters including fundamental analyses, IDX monitoring, investor confidence, and active trading. Antam will have a template hanging on the walls of all IDX branches across Indonesia, a move that should encourage other listed companies to enhance their corporate performance.

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  • Indonesia Stock Exchange Opens More 'Go Public Information Centers'

    Indonesia Stock Exchange Opens More 'Go Public Information Centers'

    A new online information service - "Go Public" - has now been launched by the Indonesia Stock Exchange (IDX) in five cities - Jakarta, Surabaya (East Java), Bandung (West Java), Semarang (Central Java) and Medan (North Sumatra) - in an effort to inform privately-held companies about the advantages of listing on the IDX through an initial public offering (IPO). Tito Sulistio, General Director of the IDX, informed that one matter that blocks companies from undertaking an IPO is that this corporate move is believed to be complicated, costly, and time-consuming.

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  • Corporate Rulers: What are Indonesia's Biggest Conglomerates?

    Corporate Rulers: What are Indonesia's Biggest Conglomerates?

    Given the prolonged rule of Suharto's New Order regime, the political and economic systems of Indonesia still have features of an oligarchic system, i.e. power is controlled by a small group of people usually distinguished by family ties and wealth. In the past, religious or military status also played a crucial role. However, as democracy continues to develop some of these features wane, while others still exist. President Joko Widodo, for example, is the first Indonesian president who does not belong to the traditional (political, religious or military) elite.

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  • Initial Public Offering (IPO) Indonesia: Made Easier to Go Public

    Initial Public Offering (IPO) Indonesia: Made Easier to Go Public

    The Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) aim to boost the number of listed companies in Indonesia by making it easier for companies to go public in an initial public offering (IPO). One strategy is the setting up of "Go Public" information centers in Jakarta and other big cities in Indonesia. This would mean that company officials will not need to travel to Jakarta to collect documents and provide data to the IDX. Soon, this will be possible in the regional centers. These centers can also introduce underwriters to companies that are interested to go public.

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  • IPO Sillo Maritime Perdana on the Indonesia Stock Exchange

    IPO Sillo Maritime Perdana on the Indonesia Stock Exchange

    Indonesian shipping company Sillo Maritime Perdana, which provides offshore support vessels, plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). The company set the indicative price for its IPO in the range of IDR 117-140 a piece. By issuing 600 million new shares, or 23.08 percent of its enlarged share capital, Sillo Maritime Perdana targets to collect roughly IDR 77 billion (approx. USD $5.7 million) in funds from the IPO. Lautandhana Securindo and UOB Kay Hian Securities were appointed as underwriters for the IPO.

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  • Which Indonesian Companies Are Yet to Comply with 7.5% Minimum Free Float?

    Which Indonesian Companies Are Yet to Comply with 7.5% Minimum Free Float?

    The Indonesia Stock Exchange (IDX) will summon 18 listed companies to explain why they did not comply with the new minimum 7.5 percent free float regulation (free float is the number of companies' outstanding shares available to the public for trade). This new regulation, announced in January 2014, stipulates all listed companies on the IDX to have a minimum free float ratio of 7.5 percent per 31 January 2016 (BEI No. Kep-00001/BEI/01-2014). This regulation was designed in an attempt to boost market liquidity and raise trade volume on the IDX.

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  • HM Sampoerna, Aneka Tambang & Hanson Enter Indonesia's LQ45 Index

    HM Sampoerna, Aneka Tambang & Hanson Enter Indonesia's LQ45 Index

    Three new stocks will enter Indonesia's LQ45 index for the February-July 2016 period. The LQ45 index, compiled by the research and development division of the Indonesia Stock Exchange (IDX), consists of 45 stocks that meet a number of specific criteria. As the stocks listed in the LQ45 are the country's most traded stocks, investors should follow this index. The composition of the LQ45 index is adjusted twice per year (in February and August).

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  • Indonesia Stock Exchange: 10% Loss Limit, Short-Selling & Share Buyback

    Indonesia Stock Exchange: 10% Loss Limit, Short-Selling & Share Buyback

    The Indonesia Stock Exchange (IDX) announced today (25/08) that it has curtailed the daily limit on share price losses to ten percent. This means that shares of listed Indonesian companies on the IDX can fall up to a maximum of 10 percent per day (from the range of 20 to 35 percent previously). This revised regulation aims to cushion the negative effects of current high (global) market volatility. Yesterday (‘Black Monday’), the Jakarta Composite Index fell to a 20-month low. The cap on upper price movements remains 20-35 percent per day.

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  • Indonesia Investments' Newsletter of 16 August 2015 Released

    Indonesia Investments' Newsletter of 16 August 2015 Released

    On 16 August 2015, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic and political subjects such as the cabinet reshuffle, the 2016 State Budget draft, the current account balance, an analysis of the recent performance of the rupiah and Indonesian stocks, the coal industry, and more.

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Latest Columns IDX

  • Indonesia's main Stock Index (IHSG) after Ben Bernanke's Speech

    Similar to the Jakarta Great Sale event, Indonesia's main stock index (IHSG) trades its stocks at low prices as foreign investors have sold large parts of their Indonesian stock assets in recent weeks. Last week, foreign investors sold IDR 4.9 trillion (about USD $492.4 million), meaning that this year's accumulated foreign net buying has evaporated. Will these sales continue? Yes, I think so. Foreigners have invested about IDR 144 trillion in Indonesia's capital markets between 2007 and Q1-2013. As such, there is still plenty to sell.

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  • Another Day of Losses for Indonesia's Main Stock Index (IHSG)

    On Friday's trading day (21/06), Indonesia's main stock index (IHSG) was still under the spell of the unrest that emerged because of Ben Bernanke's announcement of a possible stop to the Federal Reserve's quantitative easing program in 2014. Moreover, weak manufacturing data from China also continued to cause negative market sentiments. The IHSG fell 2.48 percent to 4,515.37, its lowest closing since 11 February 2013. Foreign investors sold about USD $228 million more stocks than they bought.

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  • Federal Reserve and China Cause Global Distress Among Investors

    Concerns about an ending to the Federal Reserve's quantitative easing program and falling industrial activity in China as well as China's credit crisis made many investors decide to sell assets on stock markets around the world on Thursday (20/06). Indonesia's main stock index (IHSG) was just one of the many victims of this global unrest. The index weakened 3.68 percent to 4,629.99 points as foreign investors mostly sold their Indonesian assets, resulting in significant lowered share prices of Indonesia's big cap companies.

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  • Impact of Federal Reserve's Quantitative Easing on Indonesia's IHSG

    On Wednesday (19/06), Indonesia's main stock index (IHSG) posted a 0.70 percent fall to the level of 4,806.66 points as foreign investors continued to sell more Indonesian stocks than they bought. Moreover, the IHSG did not receive any support from the Asian region, where most stock indices weakened. Similar to Europe and the United States, Asian markets were eagerly waiting for results of the meeting of the Federal Reserve on Wednesday evening and thus mostly refrained from trading during the day.

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  • Indonesia Stock Index Continues Recovery after Fuel Subsidy Decision

    Despite mixed Asian stock indices because of negative news from China and Japan, certainty about the increase in the price of Indonesia’s subsidized fuel after the plenary meeting of the House of Representatives (DPR) on Monday (17/06) formed a pillar of support for Indonesia’s main stock index (IHSG) on Tuesday’s trading day (18/06). Investors took the opportunity to buy stocks, particularly Indonesia’s big cap stocks, after these had experienced significant falls last week due to profit taking actions amid an uncertain market.

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  • Multipolar Technology Prepares its IPO on the Indonesia Stock Exchange

    IPO Multipolar Technology Indonesia Investments

    Multipolar Technology, an information technology company and the wholly owned subsidiary of Multipolar, seeks to reap funds between IDR 160 and 188 billion (USD $16.2 to $19.0 million) through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) to finance its expansion plans. The company will offer 375 million shares, or 20 percent of its stock capital, to the public for a price between IDR 425 and 500 per share. Multipolar Technology provides IT hardware and infrastructure, software and business solutions, and consultancy services.

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  • Small Gain for the IHSG Despite Uncertainty about Subsidized Fuel Price

    Despite weakening stock indices in the United States on Friday (14/06), most Asian indices were up on Monday (17/06) and impacted positively on the main index of Indonesia (IHSG). On the other hand, market participants are still waiting for the outcome of the plenary session of Indonesia's House of Representatives (DPR) regarding the approval of the increase in the price of subsidized fuel. The market is speculating that the price increase will be approved even though a number of political parties oppose the plan.

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  • Two Important Questions in Indonesia's Highly Volatile Market

    Indonesia's main stock index (IHSG) moved wildly last week. During the first two days of the week, the index fell to 4,609.95 points, which is considerably below its record high level of 5,214 on 20 May 2013. However, on the last trading day of the week (14/06), a 3.32 percent recovery occurred. Generally, it were domestic market participants that supported the IHSG. Foreign market participants continued to sell parts of their Indonesian stock portfolios. Total foreign selling totaled IDR 9 trillion (USD $910.4 million) last week.

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  • Strong Rebound in Indonesia's IHSG, BI Rate Hike Well-Received

    On Friday (14/06), the main stock index of Indonesia (IHSG) jumped 3.32 percent to 4,760.74 points as financial market participants were optimistic about the effects of the higher central bank interest rate that was announced the day before. Moreover, Indonesia's IHSG was supported by a green wave across Asian stock markets, which was partly due to a strong rebound in markets in the United States on Thursday (13/06). Stocks in Indonesia's banking and property sectors were the top-gainers on Friday's trading day.

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  • Indonesia Stock Exchange Falls Amid Domestic and International Concerns

    Indonesia Stock Market Analysis IHSG 13 June 2013 RMA van der Schaar - Richard van der Schaar

    On Thursday (13/06), Indonesia's main stock index (IHSG) could not continue the recovery it had shown on the previous day. The index fell 1.92% to 4,607.66 points amid international and domestic concerns. Investors are worried about central banks' policies and the World Bank's downgrade of global economic growth in 2013. On the domestic side, negative sentiments were brought on by the fuel subsidy issue (and its inflationary impact), the weakening rupiah, the BI rate hike, falling foreign exchange reserves, and the trade deficit.

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