As we know that shares are the status of shares of company ownership that can be traded or traded. Common stock buyers and sellers are referred to as investors, free to trade shares in a very short or very long period of time. For sure, each of these activities has its own risks. We’ll explain it further in another article.
The Indonesian stock market sells shares of various types of companies or commonly called the corporate sector. There is the energy sector, raw material sector, industrial sector, primary consumption sector, non-primary consumption sector, health sector, financial sector, property and real estate sector, technology sector, infrastructure sector, transportation sector and logistic, recorded investment product sector.
There are almost more than 700 shares or issuers in all these sectors, and there are still 20 companies that are waiting in line for an IPO (initial public offering), therefore investors must be observant in analyzing stocks before making a purchase, because not all stocks are liquid.
Furthermore, idx (Indonesia stock exchange) recorded an average daily transaction in JCI (composite stock price index) of about 12-15 trillion rupiah per day, and until now the number of investor growth has reached more than 5 million where growth increased rapidly by 50% if calculated from December 2020.
Then in conducting stock transaction activities required securities companies or commonly called securities companies where the sense is literally the party who conducts business activities as a Securities Underwriter, Securities Broker, or Investment Manager.
To date there are 109 registered securities companies. For WNI (Indonesian citizens) can make stock purchases very easily, just download the application follow the instructions then RDN (Account for capital market transactions) will be in the next 1- 3 days then just deposit the funds, then for WNA (Foreign Nationals) need to add some documents only, for this we will discuss more details in the next article.
The most interesting thing is that Indonesia is no longer a developing country, according to the Office of the U.S. Trade Representative (USTR) at the World Trade Organization (WTO) indonesia has entered into developed countries. Moreover, in July 2021 yesterday, indonesia’s proud unicorn company, Bukalapak, conducted an IPO.
This is a milestone for the technology industry and the capital markets. Where unicorn shares can already be owned by the wider community. Bukalapak managed to chalk up transactions amounting to 85 trillion IDR or almost 6 billion USD. In the future, there are still many startup companies that will conduct IPOs, and technology-based companies are strongly supported by the Indonesian government. Let’s use this opportunity to become an investor in Indonesia.
(SAT/NFL)
