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Historic Momentum for Retail Investors


KOMPAS.com – From the records of the Indonesia Stock Exchange (IDX), Pre-emptive Rights (HMETD) or commonly referred to as rights issue conducted by PT Bank Rakyat Indonesia Tbk (BRI) is the largest fundraising in the history of the stock exchange.

From the corporate action, which was completed on Wednesday (22/9/2021), BRI managed to obtain funds of up to Rp 95.9 trillion.

The note concluded that right issue This is the largest in the history of Indonesia, including in Southeast Asia.

Also read: BRI’s Right Issue Approved, Ultra Micro Holding Will Be Formed Soon

In response, Ajaib Sekuritas said that this was a historic moment for retail investors in Indonesia.

Ajaib Sekuritas itself noted that more than 10,000 transactions for redeeming and selling BBRI Preemptive Rights were carried out by retail investors through the Ajaib application in just a few days.

The number of transactions is at once the highest compared to rights issue other shares, in the recording of Magic.

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Also read: Rights Issue, BRI Has Raised IDR 26.1 Trillion from the Public Until September 21, 2021

“This also shows the increasing interest of the younger generation, especially the millennial generation and also Gen-Z in the investment world,” explained CEO Ajaib Anderson Sumarli in a release received by Kompas.com, Friday (24/9/2021).

Anderson said, business trends are changing. In the past, large companies needed to raise funds from large foreign banks or investors to maintain business continuity.

“Now, retail investors can also participate (invest) through rights issue,” he added.

Also read: BRI: Right Issue Funds Will Be Used to Build Ultramicro Ecosystems

Ajaib Sekuritas also sees the enthusiasm of users for the upcoming rights issue from digital bank issuers who want to increase their core capital.

The high number of BBRI rights issue transactions from retail investors also shows a positive sign of the growth of financial inclusion in Indonesia, especially among the younger generation.

As is known, millennial investors play a major role in driving the increase in retail domestic investors. This is in line with the growing number of investors in the Indonesian capital market.

Also read: BRI Right Issue of IDR 95.92 Trillion, What are the Prospects of BBRI Shares?

According to data from the Indonesian Central Securities Depository (KSEI), the number of capital market investors reached 5.82 million people in July 2021, an increase of 93 percent compared to the end of 2020.

At Ajaib Sekuritas itself, the number of retail stock investors has reached more than 1 million investors in September 2021.

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