60 Percent of Capital Market Investors Dominated By Millennials And Gen Z, OJK: Extra Hard Work Needs To Provide Literacy

Illustration (Photo: Doc. Antara)

JAKARTA - The Financial Services Authority (OJK) reports that currently, the majority of groups investing in the capital market are young people.

OJK Capital Market Supervision Chief Executive, Inarno Djajadi, said that of the total 9.45 million investors who are now investing on the stock exchange floor, more than half are not even 'three heads.

"Almost 60 percent of investors in the capital market are millennials and Gen Z who are under 30 years old", he said in a written statement on Wednesday, September 7.

According to Inarno, this situation makes the authorities work extra hard to provide comprehensive financial literacy to provide an understanding of the risks and opportunities that can be obtained from these financial transactions.

"It is important for investors like us to be aware of entering the capital market sector", he said.

Quoting the official OJK broadcast, fund-raising activities in the capital market until August 31, 2022, were recorded at IDR 168.75 trillion, with 48 new issuers listed.

"To increase investor confidence, OJK makes various efforts to support investor protection aspects, such as encouraging special supervision by the stock exchange on shares that meet certain criteria, such as going concerned", the authority said in its report.