Company name | Indonesia Stock Exchange |
---|---|
Company logo | |
Key people | Ito Warsito, CEO |
Company type | Stock exchange |
Foundation | 1912 |
Location city | Jakarta |
Location country | Indonesia |
Homepage | www.idx.co.id |
Indonesia Stock Exchange (IDX) or in Indonesian Bursa Efek Indonesia (BEI) is a stock exchange based in Jakarta, Indonesia. It was previously known as Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with Surabaya Stock Exchange (SSX). As of 28 June 2010, the Indonesia Stock Exchange had 341 listed companies with a combined market capitalization of $269.9 billion. On May 23, 2011 the Indonesia Stock Exchange increasing the number of issuers at the exchange to 425.
On April 20, 2011 the Jakarta Composite Index hits new record and closed at 3,794.76. Trading volume was about Rp.5.9 trillion ($0.68 billion) and the overall market capitalization up to Rp.3,384 trillion ($389 billion). In July 8, 2011 IDX Composite Index broke the psychological barrier of 4,000 and closed at the record of 4,003.69.
Currently opens from 9:30 a.m. to 4:00 p.m. local time, but since March 2011 has made rehearsal opens since 9:00 a.m. at the weekends when the bourse closed and will be fully implemented in the second half of 2011. The plan to open trading at either 9 a.m. or 8:30 a.m. with closing time will remain unchanged is to accommodate trading hours which fund managers setting strategies based on Singapore and Hong Kong stock exchange.
Besides Jakarta Composite Index and JII, IDX also has 4 more types of index, namely Individual Index, Sector Stock Price Index, LQ 45 Index, Main Board and Development Board Indices.
At May 12, 2011 Indonesia Stock Exchnage officially launched a new Indonesia Sharia Stock Index (ISSI), which comprises 214 Indonesian stocks which have been screened by the Majelis Ulama Indonesia (Indonesia Ulema Council). Fatwa Number 80 from Indonesia Ulema Council is expected to make public no longer have any doubt to make sharia investment in the capital market to eventually increase the number of the domestic investors in the Indonesia Stock Exchange.
In June 3, 2011 there are 344,279 local investors registered at the BEI Custodian (KSEI).
Category:Stock exchanges in Asia Category:Economy of Indonesia
de:Indonesia Stock Exchange es:Bolsa de Indonesia id:Bursa Efek Indonesia jv:Bursa Èfèk Indonesia ms:Bursa Saham Indonesia zh:雅加達證券交易所This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
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