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BPJS Ketenagakerjaan will spend Rp 8 trillion in the stock market

16 March 2020 15:03

JAKARTA. BPJS Ketenagakerjaan will spend Rp 8 trillion of its managed funds in the stock market until the end of 2020.

"That is assuming that if we just buying, not selling," explained Agus Susanto, Director of BPJS Ketenagakerjaan, as quoted by Kontan on Monday (16/3) today.

Since the beginning of this year, BPJS Ketenagakerjaan has spent Rp 10 trillion in the stock market, while also obtain Rp 9 trillion from the sale of shares. In addition, BPJS Ketenagakerjaan also recorded net buy of Rp 1 trillion.

In 2020, BPJS Ketenagakerjaan will spend 19% of the total managed funds for investment in the stock market. (KR/AR)

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