Capital Market Investors Are Believed to Grow 10 Percent

Jakarta – PT Mirae Asset Sekuritas Indonesia is optimistic that investment interest will continue to improve and it is predicted that the number of customers in the capital market can grow by around 10 percent in the second semester of 2024 from 330 thousand customers in the previous year.

CEO of Mirae Asset Sekuritas, Tae Yong Shim, said that the positive prediction is in line with predictions of easing global and national interest rate policies. In addition, this optimism is also supported by political conditions which are predicted to run safely and peacefully.

“We are optimistic in line with the positive predictions of our analysts and most market players, especially in the second semester of 2024,” said Mr. Shim in Media Day: January 2024 in Jakarta, January 24, 2024.

In addition, this year’s investment climate is believed to be better than last year because in 2023 the world’s macroeconomic conditions are not conducive, especially due to the high interest rate regime, geopolitical heat, and world political polarization.

Due to the global turmoil, the domestic benchmark interest rate was then raised to 6 percent to deal with potential inflation and US dollar exchange rate turmoil.

On the other hand, Mirae Asset’s Head of Research, Robertus Hardy, revealed that the increase in public investment interest in the stock market this year is also supported by optimism that the stock market will strengthen in the second semester with the support of leading stocks or blue chips.

“There is a potential for a reduction in central bank interest rates at the global level, including the BI rate, which is mainly due to controlled inflation and the clarity of the election results. We still predict that the JCI fair value will be at the level of 8,100,” Robertus said on the same occasion.

Meanwhile, two of the supports for the composite stock price index (JCI) are domestic investors and the stock market capitalization of issuers in Indonesia, which is still relatively small, so there is still plenty of room to grow. (*)

Capital Market Investors Are Believed to Grow 10 Percent

Jakarta – PT Mirae Asset Sekuritas Indonesia is optimistic that investment interest will continue to improve and it is predicted that the number of customers in the capital market can grow by around 10 percent in the second semester of 2024 from 330 thousand customers in the previous year.

CEO of Mirae Asset Sekuritas, Tae Yong Shim, said that the positive prediction is in line with predictions of easing global and national interest rate policies. In addition, this optimism is also supported by political conditions which are predicted to run safely and peacefully.

“We are optimistic in line with the positive predictions of our analysts and most market players, especially in the second semester of 2024,” said Mr. Shim in Media Day: January 2024 in Jakarta, January 24, 2024.

In addition, this year’s investment climate is believed to be better than last year because in 2023 the world’s macroeconomic conditions are not conducive, especially due to the high interest rate regime, geopolitical heat, and world political polarization.

Due to the global turmoil, the domestic benchmark interest rate was then raised to 6 percent to deal with potential inflation and US dollar exchange rate turmoil.

On the other hand, Mirae Asset’s Head of Research, Robertus Hardy, revealed that the increase in public investment interest in the stock market this year is also supported by optimism that the stock market will strengthen in the second semester with the support of leading stocks or blue chips.

“There is a potential for a reduction in central bank interest rates at the global level, including the BI rate, which is mainly due to controlled inflation and the clarity of the election results. We still predict that the JCI fair value will be at the level of 8,100,” Robertus said on the same occasion.

Meanwhile, two of the supports for the composite stock price index (JCI) are domestic investors and the stock market capitalization of issuers in Indonesia, which is still relatively small, so there is still plenty of room to grow. (*)