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IDX aims to get 100,000 more active investors by the end of 2019

29 August 2019 07:46

JAKARTA. Development Director of the Indonesian Stock Exchange (IDX), Hasan Fawzi, said that as of Wednesday (28/8), the number of active investors reached 1,007,000, better than last year's record of 852,000.

IDX is optimistic that it will record investor growth of 30% (250,000) by the end of the year. "As of today, there are more than 150,000. I think that the target of 250,000 is realistic, "Hasan said on Wednesday (28/8).

To increase the number of investors who invest on an ongoing basis, IDX will recapitulate active investors both monthly and daily in the context of "Save Shares" movement.

IDX and the Financial Services Authority (OJK) are targeting to record investor growth of 27% per year. "The monthly growth of active investors has reached 32% in 178,000 investors," Hasan said. These active investors make transactions at least once per month.

In terms of the value of daily transactions, Hasan said there was a decline. But the average daily transaction number in a year to date basis is still Rp. 9.9 trillion, higher than last year's average daily transaction value of Rp. 8.5 trillion. (AM/AR)

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