Jakarta Stock Exchange

The Jakarta Stock Exchange (IDX) is the stock exchange of Indonesia. It is located in Jakarta, the capital of Indonesia. The IDX was established in 1952 and is the oldest stock exchange in Southeast Asia. The IDX is a public company and is listed on its own exchange. The IDX has a market capitalization of over $500 billion and is the 15th largest stock exchange in the world.

The IDX is divided into two main sections: the Main Board and the Second Board. The Main Board is for companies with a market capitalization of over Rp100 billion (US$7.5 million). The Second Board is for companies with a market capitalization of less than Rp100 billion.

The IDX is a member of the World Federation of Exchanges and the Federation of Asian and Oceanian Stock Exchanges. The IDX is also a founding member of the ASEAN Exchanges.

The IDX is the main source of funding for companies in Indonesia. The IDX also provides a liquid market for investors to trade stocks. The IDX is an important part of the Indonesian economy and plays a key role in the development of the country's capital markets.

The IDX has a number of initiatives to promote the development of the Indonesian capital markets. These initiatives include the IDX Connectivity Program, the IDX Shariah Index, and the IDX SME Index. The IDX Connectivity Program is designed to connect the IDX with other stock exchanges around the world. The IDX Shariah Index is a stock index that tracks the performance of Shariah-compliant companies listed on the IDX. The IDX SME Index is a stock index that tracks the performance of small and medium-sized enterprises listed on the IDX.

The IDX is a key player in the development of the Indonesian capital markets. The IDX is committed to promoting the development of the Indonesian capital markets and to providing a liquid market for investors to trade stocks.