• ishwarkimmins
• 11 Oct, 2021

Novice investors rushing into the Indonesian stock market were baptized by fire after many initial public offerings, including the e-commerce group Bukarapack, fell below initial trading prices. According to the Indonesia Stock Exchange (IDX), in a country where about half of the 270 million population is not in banks, one million have invested in stocks for the first time this year. Individual investors accounted for 59% of IDX’s transaction value, compared to only 37% in 2019.
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