The Indonesian Central Securities Depository (KSEI) has recorded a continuous increase in the number of stock investors in the Indonesian capital market. As of June 2022, the number of Single Investor Identification (SID) numbers has reached approximately 4 million entities, with 99.79% being local individual investors.
This number has increased by 15.96% from the end of 2021, when the number of SIDs was around 3.4 million.
KSEI President Director Uriep Budhi Prasetyo stated that the growth in the number of stock investors is one of the indicators of the Indonesian capital market's achievements.
"The consistently significant increase in the number of local investors, especially during the Covid-19 pandemic, is a sign that Indonesian people are increasingly aware of the importance of investing and are using the capital market as an investment alternative," said Uriep in his press statement on Monday (11/7/2022).
KSEI reported that the majority, or 81.64%, of current stock investors are under 40 years old, a combination of Gen Z and Millennials, with total assets reaching Rp 144.07 trillion as of June 2022.
Based on profession, 60.45% of investors are a combination of private employees, civil servants, teachers, and students, with assets totaling Rp 358.53 trillion.
Furthermore, 69.59% of stock investors are concentrated on Java Island, including 13.97% residing in DKI Jakarta, with total assets reaching Rp 3,772.32 trillion.
According to KSEI, in addition to the good synergy between Self Regulatory Organizations (SROs) and capital market players, more than 95% of the increase in the number of local investors is due to the ease of opening capital market accounts online.
"Supported by the development of infrastructure such as AKSES and EASY, it makes it easier for investors to conduct activities in the Indonesian capital market," explained KSEI.
(Also Read: Stock Investment is More Frequently Conducted by Men Than Women)