Preventing gambling mindset, IDX to continue educate investors
JAKARTA – Indonesia Stock Exchange (IDX) authorities will improve stock investment literacy in order for retail investors to gain more awareness and prudence while putting their funds in the capital market.
This was conveyed by I Gede Nyoman Yetna, Director of Listing of IDX in Jakarta, today (5/12).
“Surely, Indonesia Stock Exchange (IDX) authorities will continue to educate in terms of [financial] literacy,” Yetna said.
According to Yetna, all stakeholders in the capital market have a responsibility to educate potential investors, especially retail investors, that have just started to pour the money to the capital market.
Prior to this, Prabowo Subianto, President of Indonesia, spoke about how stock investment resembles gambling and poses great risks for retail investors.
“For small investors, they will inevitably lose [in stock investments]; for the little guy, it’s like gambling. The winners are always the big players, the strong ones, right?” Subianto added. (LK/ZH)