Indonesian Stock Exchange (IDX) optimistic 60 companies will conduct an initial public offering (IPO) in this year. In 2018, as many as 58 companies have conducted IPOs with fund raising of Rp16.42 trillion (US$1.17 billion). For this year, said director at IDX, IGD Nyoman Yetna, there are 22 companies will launch IPO, Some 34 companies had listed their shares. He said, the regulator will continue to explore potential companies to raise funds through the stock market. Until 2022, IDX is optimistic that they will pursue 1,000 new listed companies.
