PORTALJABAR, BANDUNG CITY - Indonesia's capital market continues to show impressive growth amidst the challenging dynamics of the global economy. With an increasing number of investors, increasing listed companies, and increasingly solid daily transaction values, the Indonesia Stock Exchange (IDX) is on the right track towards a competitive capital market.

Chief Executive of the Capital Market Supervisory Agency, Financial Derivatives, and Carbon Exchange of the Financial Services Authority, Inarno Djajadi, emphasized the importance of open communication between regulators, market players, and other stakeholders.

"Communication is needed to create a competitive Indonesian capital market and become an investment destination for domestic and international investors," said Inarno, in a dialogue carrying the theme "Solidarity and Synergy of Capital Market Stakeholders."

BEI President Director Iman Rachman highlighted the impact of global market uncertainty on the domestic market, especially due to tariff adjustments between the US and its trading partners, as well as the influence of the Fed's policies and global interest rates.

Meanwhile, Deputy Commissioner for Supervision of Capital Market Investment Management and Securities Institutions of OJK, IB Aditya Jayantara, proposed several OJK policy initiatives to maintain price stability, such as postponing the implementation of short selling and reviewing the share buyback policy without requiring approval from the General Meeting of Shareholders (GMS).

Through discussions held with capital market stakeholders, the initiative proposed by OJK is expected to provide input that can be implemented immediately to maintain public trust in the Indonesian capital market as well as review the supervision and trading mechanisms at the IDX.

The dialogue is one proof that the solidity and synergy of market players are important to create a competitive Indonesian capital market and become an investment destination for domestic and international investors. This is certainly expected to provide a more significant contribution in the future for Indonesia's economic growth.

Meanwhile, the development of the Indonesian capital market shows a significant positive trend. From the listed companies side, there are eight new companies that have carried out IPOs and are finally listed on the Stock Exchange with a total fund raised of Rp3.70 trillion. The IDX is targeting a total of 407 new securities with 66 stock listings in 2025.

The number of investors based on data from PT Kustodian Sentral Efek Indonesia (KSEI), as of January 31, 2025, has reached 15,161,166 Single Investor Identification (SID). The number of investors has increased to 15.4 million SID in February 2025.

IDX targets growth of 2 million new investors by 2025. This effort will be supported through 29 representative offices, more than 927 Investment Galleries (GI), and more than 240 thousand users of the IDX Mobile application. Meanwhile, the Average Daily Transaction Value (RNTH) throughout 2024 reached IDR12.85 trillion as of December 27, 2024. In 2025, IDX targets RNTH to reach IDR13.5 trillion.