Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Stock pick, anyone? Experts call on OJK, IDX to bolster education for new investors

  • Adrian Wail Akhlas

    The Jakarta Post

Jakarta   /   Tue, January 26, 2021   /  04:04 pm
The Jakarta Post Image
A woman walks past a large stock ticker display on March 9, 2020 at the Indonesia Stock Exchange (IDX) in Jakarta.(AFP/Adek Berry)

Capital market experts have called on the country’s financial authorities to ramp up investor education efforts to protect non-professional individual investors entering the securities market with hopes of making a quick buck. Entertainment celebrities Raffi Ahmad and Ari Lasso recently promoted certain stocks on their social media accounts, saying they had made profits from the stocks and encouraging their followers to follow suit. However, new retail investors jumping in headfirst might find themselves caught on the wrong end of a trade, with analysts and traders pointing out that the “celebrity-promoted” stocks were questionable investment options. Among this newly emerging group of “stock influencers” are the President’s youngest son, Kaesang Pangarep, and Islamic preacher Yusuf Mansur, who has recently gained popularity. The two are know...