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 9th of January, covering the latest developments you need to know.
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