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Financial Services Authority Records Surge in Stock Investors in Bali


Indonesia’s Financial Services Authority (OJK) recorded that the number of stock investors in Bali during January-November 2024 reached 141 thousand.

The number is an increase of 22.25% compared to the previous year which was only around 110 thousand investors (single investor identification / SID).

According to Antaranews, “The value of share ownership in Bali reached IDR 5.2 trillion or grew 16%,” said Head of OJK Bali Province, Kristrianti Puji Rahayu in Denpasar, Bali, Thursday.

Meanwhile, the value of stock transactions is recorded at IDR 2.6 trillion, which jumped almost 51% compared to the same period in 2023.

In addition, the number of mutual fund and government securities’ investors also increased by 25.77% and 22.6%, respectively.

Massive Financial Education

The ease of investing in stocks, which allows beginners, especially the younger generation, to start investing with a minimum capital of IDR 100 thousand, is expected to be one of the driving factors for the growth of stock investors in Bali capital market.

Intensive socialization and financial literacy efforts carried out by regulators and financial services institutions have also strengthened the growth in the number of stock investors.

The financial inclusion program was held through synergy with the Bali Province Regional Financial Access Acceleration Team involving local governments, ministries/institutions, financial services business actors and other related agencies.

The implementation of massive financial education, one of which is through the National Movement for Financial Intelligence, also supports the understanding to utilize financial products to potential stock investors in Bali.

In addition to stock investment, Balinese people are also recorded as fond of saving funds in financial services institutions or banks.

OJK data shows that the amount of third-party funds collected by banks in Bali during January-November 2024 reached IDR 189.9 trillion. It’s growing 13.30% compared to the previous year.

This increase was driven by an increase in savings of IDR 12.1 trillion compared to the same period in 2023.



Sources: AntaraNews, Beritamnetter
Feat Image: via Bali Financial Services Authority

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