Bursa Efek Jakarta (BEJ) or Jakarta Stock Exchange (JSX) is a stock exchange located in Jakarta, the capital of Indonesia. Established in 1992 (as it exists in its present form), the exchange had an informal existence since the beginning of the 19th Century.
JATS is the name of the computer system which is used in Jakarta Stock Exchange (JSX) for the trading of shares, rights, warrants, bonds, and exchangeable bonds.
History and Origin of the Jakarta Stock Exchange(JSX)
Initially launched in 1912, under the authority of Dutch colonial government the Jakarta Stock Exchange (JSX) was reestablished in 1977. It had closed for the period of World War I and World War II. In 1977, when the exchange was reestablished, it was controlled by the management of the newly formed Capital Market Executive Agency (Badan Pelaksana Pasar Modal, or Bapepam), which was fell under the authority of the Finance Ministry.
Along with the growth of Indonesia’s financial markets and private sector, the trading activity and market capitalization of JSX was developed, which was highlighted by an important bull run in 1990.
On July, 1992, under the controlling power of Jakarta Exchange Inc., the exchange became privatized, and as a result of this, the roles of Bapepam changed to become the Capital Market Supervisory Agency. On March 22, 1995, JSX opened the Jakarta Automated Trading System (JATS).
The JSX Composite and the Jakarta Islamic Index (JII) are the two major stock market indices which are utilized to measure market activities and to report about the value changes in representative stock groupings. Based on Sharia (Islamic law) the JII was formed in 2002 to be active as a standard in evaluating market activities. On September 21, 2005, the FTSE/ASEAN Indices were introduced by the five ASEAN exchanges (Singapore Exchange, Bursa Malaysia, The Stock Exchange of Thailand, Jakarta Stock Exchange, The Philippine Stock Exchange, and global index supplier FTSE. The indices contain FTSE/ASEAN Benchmark Index and FTSE/ASEAN 40 tradable index.
Major Companies listed in Jakarta Stock Exchange(JSX)
ADHI KARYA TBK.
BAKRIE SUMATERA PLANTATIONS TBK.
DANASUPRA ERAPACIFIC TBK.
ALFA RETAILINDO TBK.
NEW CENTURY DEVELOPMENT TBK.
MASKAPAI REASURANSI IND. TBK.
ERATEX DJAJA TBK.
ENSEVAL PUTERA M.T. TBK
PAN BROTHERS TEX TBK.
RADIANT UTAMA INTERINSCO TBK.
JAKA INTI REALTINDO TBK.
BAT INDONESIA TBK.
ALAKASA INDUSTRINDO TBK.
CAHAYA KALIBAR TBK.
BANK MAYAPADA INTERNATIONAL
PANASIA INDOSYNTEX TBK.
INDO ACIDATAMA TBK.
Jakarta Stock Exchange Building
Sudirman Kav. 52-53
Jakarta – 12190
Tel: +62 21 5150515