Indonesia's capital market records 2.3 million more investors during pandemic

JAKARTA, Sept. 27 (Xinhua): The Indonesian capital market recorded 2.3 million more investors during about one and a half years of the Covid-19 pandemic, bringing the total to 6.1 million, according to the Financial Services Authority (OJK).

"This is based on a Single Investor Identification (SID) owned by investors," Tirta Segara, a member of the OJK Board of Commissioners for Consumer Education & Protection, said in an online discussion on Monday.

The increase in new investors in the capital market generally came from the millennial group, he said, calling on relevant parties to take advantage of the high participation of those in productive ages in the capital market and any economic activities.

Segara expressed hope that the high number of people with productive ages between 15 and 64 years old in Indonesia would lead the country to a golden era as there are more unicorns in the Southeast Asian nation.

Indonesia is currently enjoying a demographic bonus with such a large number of productive people, he said, adding that this condition should however be supported by the adequate quality of human resources. - Xinhua

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