JAKARTA - The Indonesia Stock Exchange (IDX) explained that there has been a significant increase in capital market investors in Indonesia, thanks to the COVID-19 pandemic. IDX President Director, Inarno Djajadi said, as of November 19, 2020, the Indonesian Capital Market has pocketed 3.53 million investors.
"In terms of transaction value in stock trading on the IDX, even small or retail investors play a significant role. 44.3 percent of transactions in the capital market in the January-October 2020 period were from retail investors," said Inarno in a webinar, Tuesday, December 1.
Based on statistical data recorded in KSEI, 3.53 million investors in the capital market consisted of 1,503,682 stock investors (up 36.13 percent compared to the end of 2019), as many as 2,827,164 Mutual Fund investors (up 59.32 percent compared to the end of 2019). end of 2019). and investors in Government Securities issued by Bank Indonesia as many as 448,147 (up 41.70 percent compared to the end of 2019).
There are also quite a lot of millennial investors investing in the Indonesian Capital Market. As of November 19, it was recorded that more than 70 percent of investors were in the age range up to 40 years. In terms of demographics, investors are dominated by men (61.14 percent), private employees (52.91 percent), undergraduate graduates (44.40 percent), and have an income of IDR 10-100 million (58.09 percent).
Meanwhile, based on domicile, most of the Indonesian Capital Market investors are in Java (72.23 percent).
Ustaz Yusuf Mansur is also known to be one of the figures investing in the Indonesian capital market. He also commented on the selling action of foreign investors that hit the Jakarta Composite Index (JCI) at the close of trading Monday, November 30.
Yesterday, JCI ended in the red zone, aka weakened 2.96 percent to 5,612,415 levels at the end of the trading session. Meanwhile, foreign investors are listed as selling out domestic issuers' shares.
Noted, net sell or net selling until the closing session reached IDR 3.27 trillion. This correction is the deepest daily weakness in this November.
However, as a whole or throughout November, the JCI managed to gain 9.72 percent. Today alone, or starting December trading, JCI strengthened 2 percent back to the level of 5,724.74.
According to analysts' view, the drop in the index on Monday was due to panic in the market due to information on the tighter Jakarta PSBB. However, it turns out that this information is old news.
Yusuf Mansur's viewAccording to Ustaz Yusuf Mansur, investors in the capital market should see no negative news. According to him, foreign capital that comes out is not negative information, because it is an opportunity for domestic investors to become more independent in developing the Indonesian capital market.
"Foreign funds entering and leaving, goodwill, inspiration and motivation to strengthen the nation's economy," said Ustaz Yusuf Mansur on his personal Instagram account, quoted by VOI, Tuesday, December 1.
"Foreign capital is leaving? Where is there anything negative? This is fun. It's a big mistake they left us. Original is a big mistake. Gegara is something that is not fundamental. As citizens of the world, we are not allowed to evict. While they leave, we buy in bulk," he added. .
Indeed, in the last two trading days, namely 27 and 30 November 2020, the JCI closed down. Foreign investors' funds out of up to IDR 4 trillion.
However, Yusuf Mansur said that this is normal for the capital market. Investors are free to enter and exit because their goal is to take profits.
"And that's again, our fault too, right? For example, we are disciplined with the COVID-19 protocol. They keep on making noise, so they are afraid. But again, this foreign behavior is good. So we have the opportunity to buy and control the stock exchange ourselves," he said .
Yusuf Mansur also hopes that if the Indonesia Stock Exchange contains local investors who have a spirit of mutual cooperation, participate in investing with the intention of investing in a company that is fundamentally performing well, let alone state-owned companies, then stock fryers and foreign investors will not have too much influence on their fate local investors.
"Local investors who really intend to invest and help SOEs become strong. This is Mansurmology," he said.
The term Mansurmology is explained by him, for example there is foreign funds coming in, thank God, but if a foreigner leaves, stay calm and don't panic.
"Maybe this ideal is too naive for bookies and stock traders, but it is ideal for educating retail investors and beginners who really want medium and long term investments. Go ahead, buy WIKA, GMFI, etc. Just beat it. We are disciplined, COVID- 19 missing, they (foreign investors) came again, confused. Nothing to buy, hehehe, "he concluded.
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