Capital Markets

While 2015 was widely regarded as a rough patch for Indonesia’s capital markets, on a medium- and long-term basis the market has posted significant growth. From 2005 through to the end of 2015, the Jakarta Composite Index (JCI) – the market benchmark for the Indonesia Stock Exchange – rose around four-fold, or 15% per annum, according to data provided by the exchange. Indeed, over the past decade the MSCI Indonesia has outperformed not only other ASEAN bourses, but emerging markets and MSCI World as well.

This chapter contains interviews with Muliaman Hadad, Chairman, Financial Services Authority; and Tito Sulisito, CEO, Indonesia Stock Exchange.