Indonesian Political, Business & Finance News

Pluang Opens Access to Indonesian Stocks, Retail Investors No Longer Need Multiple Apps

| | Source: KOMPAS Translated from Indonesian | Investment
Pluang Opens Access to Indonesian Stocks, Retail Investors No Longer Need Multiple Apps
Image: KOMPAS

JAKARTA, KOMPAS.com — Pluang, an Indonesian multi-asset investment and trading app, has opened access to Indonesian stocks within a single application, amid the needs of investors who previously had to use multiple platforms to manage their assets.

The multi-asset investment platform has launched its Indonesian Stocks product, allowing users to access more than 950 stocks on the Indonesia Stock Exchange (BEI), including BBCA, BBRI, BREN, and GOTO, alongside US stocks, cryptocurrencies, digital gold, and mutual funds within one ecosystem.

“So far, there has been a gap between the domestic capital market and global diversification opportunities,” said Pluang Co-Founder Claudia Kolonas in a press statement on Thursday (23/4/2026).

“We are here to close that gap.”

She stated that the presence of this feature not only adds investment options but also unifies asset management in one app for users.

“This is a new standard for Super-Apps in investment in Southeast Asia,” Claudia added.

This step is taken amid significant growth in domestic investors. Data from the Indonesian Central Securities Depository (KSEI) records that the number of Single Investor Identifications (SID) rose 37 percent to exceed 20 million by the end of 2025.

Claudia assessed that this momentum presents an opportunity to expand retail investor participation in the capital market.

“Amid this new wave, retail investor participation will be the main determinant of market stability,” she said.

“Pluang is here to bridge that participation by providing more inclusive infrastructure.”

The Indonesia Stock Exchange (BEI) has added new criteria in the evaluation of the IDX30, LQ45, and IDX80 indices by excluding stocks in the High Shareholding Concentration (HSC) category, namely stocks with ownership concentrated more than 95 percent by a few parties.

“The Indonesia Stock Exchange (BEI) is making adjustments to the constituent evaluation criteria for the indices as follows,” BEI wrote in an announcement on Tuesday (21/4/2026).

These adjustments will apply to the major April 2026 evaluation and take effect on the first trading day of May 2026.

Several analysts assess that this policy has the potential to significantly change the index compositions. Stocks such as PT Barito Renewables Energy Tbk (BREN) and PT Dian Swastatika Sentosa Tbk (DSSA) are said to potentially exit the indices due to falling into the HSC category.

If that occurs, the potential outflow of funds from index funds (passive funds) is considered quite large, in line with changes in index-based investment benchmarks.

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