Indonesia Stock Exchange (IDX) is a stock exchange based in Jakarta, Indonesia. The acronym or abbreviation for this market is IDX. This page contains information on the trading hours, market holidays, contact information and more.
Indonesia Stock Exchange is located in the country of Indonesia.
The main currency of Indonesia Stock Exchange is IDR. It's symbol is Rp.
The Indonesia Stock Exchange (IDX) is the sole stock exchange in Indonesia. It is located in the capital of Jakarta and provides a platform for the trading of various securities such as stocks, bonds, and mutual funds. With a market capitalization of more than $500 billion US dollars, IDX is one of the largest stock exchanges in Southeast Asia. The IDX operates from 9 a.m. to 4 p.m. Indonesian time on weekdays.
History of Indonesia Stock Exchange
The Indonesia Stock Exchange was established on December 14, 2007, with the merger of the Jakarta Stock Exchange (JSX) and the Surabaya Stock Exchange (SSX). The merger aimed to improve liquidity, attract more investors, and increase market capitalization. After the merger, the exchange was renamed the Indonesia Stock Exchange (IDX). The exchange was officially launched in 2008, and it operates under the supervision of the Indonesia Financial Services Authority.
Indonesia Stock Exchange Today
Today, the Indonesia Stock Exchange is a vibrant market with a wide range of financial instruments being traded. The exchange currently has more than 600 listed companies, and the most active sectors are banking, finance, and telecommunications. IDX has a strong focus on corporate governance and transparency, which has increased investor confidence significantly. In the past decade, IDX has showcased strong growth, and it is seen as a force to be reckoned with in the international financial community.
IDX is known for its technology-driven approach to trading. The exchange has a robust trading platform, which supports real-time trading and delivers timely information to investors. The platform also provides investors with access to market data, analytical tools, and other resources that enable them to make informed investment decisions.
In conclusion, the Indonesia Stock Exchange has come a long way since its inception. It has grown in size, significance, and efficiency, and it plays a vital role in the Indonesian economy. The IDX is committed to providing a transparent, fair, and efficient platform for trading, and it remains an attractive option for investors looking to tap into the Indonesian market. Overall, the IDX is a shining example of the progress that the Indonesian economy has made over the years.
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