Indonesia's IPO market expected to rebound in 2025 despite challenges

Indonesia's IPO market expected to rebound in 2025 despite challenges

FILE PHOTO: A worker wearing a protective mask cleans the floor near an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. REUTERS/Willy Kurniawan

The number of new listings on the Indonesia Stock Exchange (IDX) dropped sharply in 2024, mainly due to uncertainties around the government’s economic policies as well as ongoing geopolitical tensions. The situation is unlikely to be much different this year, with geopolitical tensions remaining high and a lower-than-expected rate cut by the US Federal Reserve.

Edited by: Joymitra Rai