Bursa Efek Jakarta, also known as the Jakarta Stock Exchange, is the main stock exchange in Indonesia. It was established in 1977 and serves as a platform for buying and selling shares of publicly listed companies. The exchange plays a crucial role in the country's economy by facilitating capital raising for businesses and providing investment opportunities for individuals and institutions. The exchange operates under the supervision of the Financial Services Authority of Indonesia (OJK) and has seen significant growth over the years. It lists a variety of financial instruments, including stocks, bonds, and mutual funds, contributing to the development of the Indonesian capital market.