At Rp 15.1 trillion year-to-date as of this week, the ATV seen in 2022 handily beats the full-year target of Rp 13.75 trillion that the bourse set for itself, but IDX president director Iman Rachman preferred to err on the side of caution.

“Why don’t we put up the Rp 15.1 trillion as our ATV target for this year? Because this number was [mostly thanks to] the first six months [of the year]. So, we are quite optimistic, but cautious,” he said during an extraordinary general shareholders meeting (EGM) on Wednesday.

In a press release issued on the same day, IDX also announced its target of attracting 70 new public listings next year, consisting of equity offerings, new corporate bonds and other securities, including exchange-traded funds (ETFs), real estate investment funds (DIRE) and asset-backed securities (EBA).

The target, IDX explained, would be achieved through various activities for listed companies and prospective listed companies currently carried out through a combination of promotion, one-on-one meetings and workshops.

The majority of these activities are routinely carried out through online media. “IDX will also continue to actively attract new listed companies from the new economy, start-ups and the renewable energy sectors,” the release added.

Furthermore, IDX stated that it would continue to support the development and compliance of exchange members and participants “through training and socialization activities, regular meetings, information service support as well as technical support in the development of exchange systems and services.”

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