President Jokowi opens 2023 stock exchange trading activities

JAKARTA (Antara) – President Joko Widodo (Jokowi) rang the bell to open stock trading on the Indonesian Stock Exchange (IDX) in 2023 at 9 am local time (UTC +7) on Monday.

“We must be grateful that the 2022 index increased by 4.1% compared to other countries that have experienced significant declines,” the president said after opening the stock market this year.

He said the government’s decision to withdraw the Public Movement Restriction (PPKM) policy last Friday (December 30) was due to the ever-improving COVID-19 pandemic conditions. rice field.

Indonesia’s COVID-19 pandemic indicators have not exceeded World Health Organization (WHO) thresholds for the past 10 months, according to government assessments, he noted.

“The decision to revoke the PPKM policy, not pretense, was based on an assessment of the past 10 months of controlling COVID-19. Positive and fatality rates are all below WHO thresholds. ‘ explained Jokowi.

The president then praised the growth of Indonesian stock trading in 2022. This is because the market capitalization reached his Rp9,499 trillion despite the continuing global crisis and economic uncertainty that year.

“(2022) is a year in which the global economy and our economy have been severely tested. We must remain vigilant and vigilant,” he said.

He also praised the current demographic composition of BEI investors, with 70% under the age of 40 and 55% under the age of 30, optimistic about future Indonesian stock trading. is showing.

Meanwhile, the IDX Composite (IHSG) on Monday opened 8.51 points lower at 6,842.11, equivalent to 0.12 percent, while the 45 blue chip, or LQ45 index, fell 1.81 points, equivalent to 0.19 percent, to 935.37. was.

Moreover, the Rupiah exchange rate rose by 78 points (0.5%) to Rp 15,495 per US dollar compared to Rp 15,573 per US dollar recorded at the last market closing.

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