Minister of Finance (Menkeu) Sri Mulyani said that the 2022 capital market trip was actually expected to be much better than the early days of the COVID-19 pandemic.

According to him, the journey throughout 2022 is colored by various dynamics that have never been imagined before, especially from the geopolitical aspect.

"With humility that 2022 this test is truly extraordinary," he said in Jakarta on Friday, December 30.

However, the uncertainty that was present was well overcome by all capital market players. The Minister of Finance is also grateful that the trade in the Indonesian stock exchange recorded several achievements in difficult conditions, such as the combined stock price index (IHSG) which had touched the highest level in history of 7,318 on September 13.

"This year on year (yoy) grew 4.06 percent and became the highest in the ASEAN region," he said.

The Minister of Finance added that the stock capitalization reached Rp9,500 trillion and rose 15.2 percent. Not to mention the number that has an IPO of 825 companies. I hope to penetrate 1,000 companies," he said.

The state treasurer also expressed his appreciation for the number of individual investors dominated by young people (aged under 40 years) with a portion of more than 50 percent of the total 10 million investors.

This is a great picture if we put it in the context of 2022. This year, which should be the momentum of economic recovery, is marked by a lot of economic weakness in developed countries, such as America, Britain, Japan, and even on the RRT," he said.

"On the other hand, geopolitical conditions make supply disruption more acute, and this must be felt by the Indonesian stock exchange directly," said Minister of Finance Sri Mulyani.


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