IDX Targets Top 10 Global Exchange Status by 2030

2 days ago 8

TEMPO.CO, Jakarta – The new board of directors at the Indonesian Stock Exchange (IDX) has set ambitious targets to bring Indonesia's capital market into the top 10 global exchanges within the next four years. One of the targets is to double the market capitalization from the 2025 target.

Last year, the IDX recorded Indonesia's market capitalization reaching Rp15,849 trillion. "We have set the Indonesian Stock Exchange's target for 2030. The first target is for the market capitalization to reach Rp30,000 trillion," said Jeffrey Hendrik, the President Director of IDX, during a hybrid press conference held after the Annual General Meeting of Shareholders (AGMS) on Monday, June 29, 2026.

In addition, the IDX also targets the average daily transaction value (ADTV) to reach Rp31 trillion. This figure is an increase compared to last year's Rp18.1 trillion per day.

Another target is to have more than 1,100 listed companies, whereas in 2025 there were 956 listed companies. The number of capital market investors is expected to reach 35 million in 2030, up from 20.3 million investors last year.

Furthermore, the market capitalization to Gross Domestic Product (GDP) ratio or market cap to GDP is targeted to be above 83 percent. This is an increase compared to the 66.5 percent recorded in 2025.

As previously announced, the IDX has just appointed a new board of directors for the 2026-2030 term during the 2026 AGMS. Jeffrey Hendrik, who previously held the position of Acting President Director, is now the official President Director of IDX.

During the press conference, Jeffrey revealed the targets for the next four years. "Our goal for the Indonesian capital market or IDX in the future is to bring the Indonesian Stock Exchange into the top 10 among the 10 largest exchanges in the world," he said on Monday, June 29, 2026.

Read: Jeffrey Hendrik Aims to Bring IDX Into World's Top 10

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