Business · Markets · 12 hrs ago
Indonesia’s Stock Market Reforms Aim to Restore Investor Confidence
Said Abdullah praised reforms to Indonesia’s stock market by the financial regulator and the Indonesia Stock Exchange.
The changes aim to improve market governance and restore confidence among local and foreign investors.
The market has faced sharp pressure over the past year, with its main index falling from a high of 9,134 to 4,904 at one point.
Global index providers have raised concerns about share ownership transparency, information disclosure and trading practices.
New rules require at least 15% free float for new listings, with the requirement being phased in for existing companies; regulators have also expanded investor classifications and published information on concentrated shareholdings.
Authorities imposed sanctions or other enforcement measures on 835 parties from January through October 2026.
Domestic investor numbers grew despite the market pressure, reaching 33.5 million by October, while foreign investors still have significant influence.
Consistent reforms are intended to rebuild trust and strengthen the market, and Abdullah said they should continue to address concerns raised by global index providers.
Indonesia’s financial regulators and stock exchange are pursuing reforms to strengthen market governance and restore investor confidence.
The reforms respond to concerns from global index providers about share ownership transparency, information disclosure and trading practices.
Measures include a 15 percent minimum free float for new issuers, more detailed investor classifications and disclosure of concentrated shareholdings.
Budget Committee chairman Said Abdullah said consistent enforcement and reform could help attract foreign investors.
Domestic market investors reached 33.5 million in October 2026, up 65 percent from the end of 2025.
- Who
- Indonesia’s Financial Services Authority, Indonesia Stock Exchange and other market institutions are carrying out reforms; lawmaker Said Abdullah welcomed them.
- What
- Reforms aim to strengthen market governance and restore investor confidence.
- When
- The article was published on November 9, 2026; some measures began in April 2026.
- Where
- Indonesia’s capital market.
- Why
- To address concerns raised by global index providers and improve transparency, disclosure and trading practices.
This story does not have two clearly opposing sides.
Indonesia’s stock market index reached a high of 9,134, according to the article.
A minimum 15 percent free-float requirement took effect for new issuers.
The number of capital-market investors reached 33.5 million single investor identification accounts.
Authorities imposed sanctions or enforcement measures on 835 parties.
Said Abdullah publicly praised the market reforms.
- Stock market high
- 9,134 in early 2026
- Stock market low
- 4,904
- New-issuer free float
- Minimum 15 percent from April 2026
- Investor classifications
- Expanded from 9 categories to 39 subcategories
- Capital-market investors
- 33.5 million SID in October 2026, up 65 percent from end-2025
- Enforcement actions
- 835 parties sanctioned or subject to enforcement, January–October 2026
What people are saying
Kita perlu memperbaiki berbagai isu yang menjadi atensi sejumlah lembaga penyedia indeks. Sebab merekalah yang menjadi rujukan investor asing.
Kepercayaan investor asing pada BEI bukan sekedar urusan membangun pasar modal kita, tetapi cerminan yang lebih besar lagi terhadap fundamental makro ekonomi Indonesia.