<article><p>The Indonesia&#8217;s stock exchange (IDX) said on Friday they were targeting 25-30 new company listings by 2019 and would aim to increase market cap by 15-20 percent each year.</p></article>

<p>The Indonesia&#8217;s stock exchange (IDX) said on Friday they were targeting 25-30 new company listings by 2019 and would aim to increase market cap by 15-20 percent each year.</p>
<p>Inarno Djayadi, who was confirmed as CEO at an IDX shareholders&#8217; meeting on Friday, told a press conference he wanted the exchange to reach 40 new company listings by 2020.</p>
<p>He added that he was expecting 35 initial public offerings (IPO) on the IDX by the end of 2018, &#8220;with 32 already in the pipeline&#8221;.</p>
<p>IDX director Laksono Widodo said the stock exchange was also trying to renew regulations for tech startup IPOs.</p>
<p>Widodo said IDX&#8217;s new management team would target a market cap of 10,000 trillion rupiah in 2020, from 7,200 trillion rupiah currently.</p>
<h4>Reuters</h4>


Indonesia’s stock exchange (IDX) said they were targeting 25-30 new company listings by 2019 and would aim to increase market cap by 15-20 percent each year.

Indonesia stock exchange new CEO targets 25-30 new listings in 2019

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Indonesia stock exchange new CEO targets 25-30 new listings in 2019

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