The potential for fundraising on the Indonesia Stock Exchange (IDX) is projected to exceed Rp34.4 trillion.

IDX Director of Corporate Valuation I Gede Nyoman Yetna said the potential for fundraising in the capital market is still relatively promising until the end of this year.

The fundraising amount based on the pipeline calculation until July 30, 2021, for Shares, Bonds, and Sukuk is estimated at Rp34.4 trillion.

"With about five more months until the end of 2021, the potential for raising funds is estimated to exceed Rp34.4 trillion," he said in his statement on Thursday (5/8).

Furthermore, 25 companies are in the stock pipeline that plans to list their shares on the Exchange with an estimated fund of Rp5.5 trillion.
Meanwhile, from the Bond and Sukuk pipeline, 23 companies with an estimated fundraised of Rp28.9 trillion.

"The portion of fundraising for Stocks, Bonds and Sukuk on the Exchange is still larger