Market Cap of IDX Companies with Significant Government Ownership

A PERSERO company, is a state-owned enterprise (BUMN) in the form of a limited liability, where at least 51% of the shares are owned by the state, Republic of Indonesia. The Indonesian government maintains a significant influence over a substantial portion of the country’s economy through its State-Owned Enterprises (SOEs).

IDX-listed SOEs account for 15.41% of the total IDX market cap, with a strong presence in vital sectors of the economy, including Financials, Infrastructure, Energy, and Basic Materials.