More than half of Indonesia’s individual stock market investors are below the age of 30, the Financial Services Authority (OJK) announced Monday, underscoring a youth-driven surge in market participation.
As of 8 August, the total number of individual investors stood at about 17.57 million, an increase of 2.7 million, or 18.15 percent, compared with a year earlier.
“The addition of 2.7 million new investors exceeds the annual target of 2 million investors,” said Aditya Jayantana, OJK’s deputy commissioner for supervision of issuers, securities transactions, and special inspections, during a press conference at the Indonesian Stock Exchange (IDX).
OJK data show that investors aged 31-40 make up 24.81 percent of the total, followed by 12.25 percent aged 41-50, 5.74 percent aged 51-60, and 2.95 percent aged over 60.
Jayantana noted that investor growth has accelerated since the COVID-19 pandemic, with digital platforms and improved access to capital markets playing a key role.
The IDX, Indonesia’s only stock exchange, facilitates trading in equities, bonds, derivatives, and other securities.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 21st of November, covering the latest developments you need to know.
The death toll from landslides in two regions of Indonesia's Central Java rose to 30 as rescue efforts continued, the country's disaster mitigation agency said on Friday.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
The Hayli Gubbi volcano in north-eastern Ethiopia erupted on Sunday for the first time in over 12,000 years, before halting on Monday, according to the Toulouse Volcanic Ash Advisory Center.
Venezuela says it has deployed a range of weapons, including decades-old Russian-made equipment, and plans to mount guerrilla-style resistance in the event of an air or ground assault particularly from the U.S.
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro according to Axios, as Washington designated him as the head of a terrorist organisation on Monday. A claim Maduro denies.
Chinese President Xi Jinping has once again expressed strong support for Venezuelan President Nicolás Maduro, condemning foreign interference and criticising U.S. actions in the region.
The United States is preparing to launch a new phase of Venezuela-related operations in the coming days, four U.S. officials told Reuters, as the Trump administration escalates pressure on President Nicolas Maduro.
A massive fire tore through one of Dhaka’s largest slums on Tuesday evening, leaving thousands of people homeless and turning rows of tin-roofed shanties into charred rubble, officials said.
Kremlin's foreign policy aide Yuri Ushakov claims that the proposed peace plan for Ukraine was not discussed during recent talks in Abu Dhabi. Despite speculation surrounding the meeting, Ushakov clarified that the key topic of peace negotiations was not on the agenda.
Around 2,000 critically ill patients, staff and family are set to be airlifted from Hat Yai Hospital, in southern Thailand after being marooned by recent flooding on Friday (21 November) that killed at least 33 people.
A fire engulfed a residential building in Hong Kong's northern Tai Po district on Wednesday afternoon, with thick grey smoke billowing from the scene.
British finance minister Rachel Reeves is likely to announce tens of billions of pounds of new tax increases on Wednesday in a budget that puts her credibility on the line both with bond investors and with lawmakers demanding more welfare spending.
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