JAKARTA - The Indonesia Stock Exchange (IDX) recorded that funds raised in the capital market reached IDR 187.04 billion in the past week.

The funds came from two Initial Public Offering (IPO) actions, namely PT Sinar Terang Mandiri Tbk (MINE) and PT Jantra Grupo Indonesia Tbk (KAQI).

MINE raised IDR 132.24 billion from its IPO on Monday (10/3) last week. Meanwhile, KAQI raised IDR 53.1 billion on the same day.

PT CIMB Niaga Auto Finance issued Sukuk Wakalah Bi Al-Istitsmar Berkelanjutan I Phase II/2025, raising IDR1.6 billion. These debt securities were listed on the IDX on Friday (14/3) yesterday.

‘The total bond and sukuk issuances that have been listed throughout 2025 are 23 issuances from 16 issuers worth Rp27.92 trillion, wrote an IDX representative, in an official statement this weekend.

Nevertheless, the Jakarta Composite Index (JCI) since the beginning of the year is still down 7.97%, until the close of trading last Friday.

The Basic Materials sector corrected the most, with a 16.78% decline since the beginning of the year. (KR/LM)