140,163 Investors In West Sumatra Share Transactions Rp13.5 Trillion In Ten Months, Stock Exchange Imposing 3P Aspects

Head of representatives of the West Sumatra Indonesia Stock Exchange Early Saputra. (Photo: Doc. Antara)

The transaction value of West Sumatra residents on the Indonesia Stock Exchange (IDX) reached IDR 13.5 trillion, which came from 140,163 investors. The record is recorded from January to October 2022.

"Compared to last year, until October 2022 there was an increase in the number of investors in West Sumatra, reaching 33,634 people, an increase of 31.57 percent," said West Sumatra Indonesia Stock Exchange Head Early Saputra, quoted by Antara, Thursday, November 24.

According to him, the high value of stock transactions shows that public interest in investing in the capital market continues to increase.

"This is supported by the existence of 10 securities and 17 IDX outlets spread across campuses to high schools," he said.

He detailed that investors from West Sumatra to October 2022 were dominated by the younger generation with a age range of 18-25 years as many as 26,032 people, aged 26-30 years 16,249 people, aged 31-40 years 11,892 people, and aged 41 years and over 6,918 people.

Meanwhile, based on work from private employees as many as 19,558 people, 18,563 students, 8,062 businessmen, 3,857 civil servants, 2,336 housewives, teachers, 728 people, 357 retirees and 7,523 others.

Judging by the distribution of the most investors from Padang City as many as 42,164 SID, Agam Regency 11,820 SID, Tanah Datar Regency 9,280 SID, Padang Pariaman Regency 8,298 SID.

On the other hand, he reminded people who invest in the Capital Market to pay attention to the 3P aspect, namely understanding, having and monitoring.

"So before investing, you understand financial goals because each person will have different goals," he said.

From different financial goals, the actions will be different so that they are not entangled in buying shares based on friend references.

Then after having a stock account, you have to be careful with people who claim to be from the stock exchange even though they are fraud.

"Then also monitor prices that go up and down and business fluctuations because they don't keep shares of companies that used to have good businesses, but now they don't," he said.

Previously, the Financial Services Authority explained that 70 percent of investors who invested money in the capital market in West Sumatra were young people with an age range of under 30 years or called the millennial generation.

According to Yusri, this fact will be a strong asset for the development of the capital market in West Sumatra.

"The teenagers who are currently investing in the Capital Market when they already have wealth will be the biggest contributor to the capital market," he said.

He also reminded that before investing in the Capital Market, there are several things that need to be considered. First, investors must understand the purpose of investing, how long the time is and not just following along," he advised.

Then what is expected with investment in the Capital Market and understanding the risks that occur.

"Every investment has a risk, there is no investment that does not have this risk that must be understood," he said.

Then, the source of the funds used should be excess funds, not money for daily needs.

Selanjutnya pastikan di sektoritas yang berizinkan dan mencari informasi sebanyak-banyaknya sebelum berinvestasi.