Largest listed companies in Indonesia by market capitalization

Indonesian stocks form the core of one of Southeast Asia’s most significant and rapidly growing financial markets. They are primarily traded on the Indonesia Stock Exchange (IDX), a pivotal institution in the regional economy. The Indonesian stock market, mainly represented by the IDX Composite index, offers investors access to stable, domestically focused companies with a growing dividend culture.

The IDX is not just an exchange for Indonesian companies; it attracts regional interest. The main advantages of investing on the IDX include:

• Domestic market leaders: Companies with extensive local reach and revenue diversification across Indonesia’s archipelago.
• Strong sectors: Financial sector (Bank Central Asia, Bank Mandiri), consumer goods (Unilever Indonesia, Indofood), energy and resources (Adaro Energy, Astra International), and telecommunications (Telkom Indonesia).
• Emerging dividend culture: Leading companies increasingly prioritize shareholder returns through consistent dividend distributions.

The banking giant Bank Central Asia (BCA) and state-owned Bank Mandiri are foundational to Indonesia’s financial sector. Together, they represent a substantial portion of the financial segment’s market capitalization. Investing in Indonesian stocks provides exposure to companies driving growth in Southeast Asia’s largest economy.

Some Indonesian companies are consistent dividend payers. Unilever Indonesia (owner of Dove, Lifebuoy) has maintained dividend payments for decades, while Bank Central Asia has built a reputation for reliable shareholder returns. Though smaller in global scale, Indonesia’s dividend market reflects its economic expansion. The IDX features dominant consumer brands like Unilever Indonesia, Indofood (producer of Indomie noodles), and Kalbe Farma (healthcare products), which hold significant market share domestically.

The following table contains a list of the largest Indonesian publicly traded companies by market capitalization, primarily traded on the IDX. The list includes only publicly traded companies, and the presented data (price, market cap) are regularly updated to reflect the current market situation.

Largest listed companies in Indonesia

Stock	Price	Change %	Marketcap
Telkom Indonesia TLK	$23.43	2.94%	23.21B
Indonesia Energy INDO	$4.70	12.17%	70.44M