Indonesia’s Stock Exchange Hits Record Profits, Sets Sights on Global Top 10

JAKARTA, Investortrust.id — The Indonesia Stock Exchange (IDX) posted its highest net profit in history for the 2025 fiscal year, reporting Rp 1.07 trillion ($65 million). This 59.4% year-over-year surge underscores a period of robust capital market activity that defied global volatility and regional economic headwinds.

During the exchange’s annual shareholders' meeting on Monday, June 29, 2026, IDX President Director Jeffrey Hendrik attributed the record performance to a combination of heightened trading volumes, operational efficiency, and a strategic expansion of the investor base.

For international observers, the performance of the Jakarta bourse serves as a barometer for Southeast Asia’s largest economy. As Indonesia seeks to transition from a commodity-dependent market to a more diversified industrial player, the strength of its capital markets is critical for funding domestic infrastructure and fueling the expansion of local corporations. The ability of the IDX to maintain liquidity despite global geopolitical tensions and currency fluctuations speaks to the growing maturity of Indonesia's financial ecosystem.

A Year of Milestones

The exchange’s growth was broad-based. Assets climbed 32% to reach Rp 14.78 trillion ($900 million), while equity rose 14% to Rp 9.45 trillion ($575 million). Even as the exchange benefited from trading fees—which account for over 76% of its revenue—Mr. Hendrik emphasized that the company is successfully diversifying its income streams, with non-transactional revenue growing by 14.6%.

Retail participation remained a primary driver of this success. By the end of 2025, the number of registered investors reached 20.3 million, a 37% increase, supported by the rollout of the "IDX Mobile" application and the proliferation of campus-based "Investment Galleries" (Galeri Investasi), which serve as local education hubs for new market participants.

The Road to 2030

Looking toward the end of the decade, the IDX has set an aggressive target: joining the ranks of the world’s 10 largest stock exchanges. Achieving this will require a near-doubling of the current market capitalization to Rp 30,000 trillion ($1.83 trillion) and an increase in average daily trading value to Rp 31 trillion ($1.89 billion).

"It is not an easy goal to achieve, but it is the required path for our development," Mr. Hendrik said on Monday. Currently ranked 19th globally by market capitalization and 17th by transaction value, the exchange plans to lean on four pillars: boosting transaction-based business, expanding non-transactional revenue, improving the quality of listed companies, and deepening market sustainability.

Navigating Volatility

The road to this record-breaking year was not without obstacles. Throughout 2025, the Jakarta Composite Index (IHSG) experienced significant turbulence, including high-tension trade conflicts and a weakening rupiah. During these episodes, the IDX was forced to implement "trading halts"—a temporary suspension of trading to curb panic selling—and work in tandem with the Financial Services Authority (Otoritas Jasa Keuangan or OJK) to allow for easier corporate share buybacks.

Despite these challenges, the index logged 24 all-time high records in 2025, peaking at 8,711. The exchange also saw active participation in other asset classes, with Rp 1,375 trillion ($83.7 billion) traded through the Alternative Market Organizing System (Sistem Penyelenggara Pasar Alternatif or SPPA) for bonds, and initial forays into the nascent carbon credit market.