Indonesia’s Financial Services Authority (OJK) published its year-end Indonesian Stock Exchange trading-closure update, reporting stronger capital markets performance in 2025 alongside supervisory actions aimed at maintaining market integrity. Through 19 December 2025, the Jakarta Composite Index (IHSG) was up 22.10% year to date to 8,644.26 and market capitalisation reached IDR 15,810 trillion, up 28.16% year to date. Supporting indicators included the Indonesia Composite Bond Index rising 12.10% year to date to 440.19, investment management assets under management of IDR 1,039 trillion (up 24.16% year to date), and IDR 268.14 trillion raised from 210 public offerings (including 18 new equity issuers and two EBUS issuers), exceeding the IDR 220 trillion target referenced in OJK’s roadmap and national plan. Securities crowdfunding fundraising totalled IDR 1.808 trillion across 968 issuers. OJK also reported continued growth in retail participation, with 5.34 million new single investor identifications bringing the total to 20.2 million, 79% of whom are under 40. On market integrity, OJK conducted 219 technical examinations and 155 special examinations into suspected violations (116 cases related to share transactions) and imposed administrative penalties including six licence revocations, six written orders and 329 written warnings, with total administrative fines of IDR 123.3 billion. For 2026, OJK set four strategic agendas covering market deepening (supply, demand and supervisory infrastructure), higher market integrity (sanctions effectiveness and issuer quality), stronger securities firm and investment manager governance (cyber resilience and internal controls), and sustainable finance development, including expanding carbon exchange participation and a 2026–2030 sustainability roadmap.
OJK 2025-12-30
Indonesia Financial Services Authority reports 2025 capital markets growth and IDR123.3bn in administrative fines for misconduct
Indonesia’s Financial Services Authority (OJK) reported a robust 2025, with the Jakarta Composite Index up 22.10% and market capitalisation at IDR 15,810 trillion. OJK noted increased retail participation, significant fundraising, and supervisory actions to maintain market integrity, including 219 technical and 155 special examinations. For 2026, OJK outlined strategic agendas on market deepening, integrity, governance, and sustainable finance development.