Instrumen Pasar Modal - TEORI PASAR MODAL Part 1

Summary

This video provides an insightful overview of the capital market, explaining how it connects investors with those seeking funds. It covers the different types of securities, including stocks, bonds, and money market instruments, as well as the processes of the primary and secondary markets. The video also highlights the role of stock exchanges like Bursa Efek Indonesia (BEI) and the mechanisms of trading. It further explains the differences between common and preferred stocks, investment risks, and strategies for earning returns through capital gains and dividends. Overall, it offers a comprehensive introduction to the dynamics of financial markets.

Takeaways

• 😀 Capital markets are platforms where entities in need of funds meet those with excess funds, facilitating the buying and selling of securities like stocks, bonds, and mutual funds.
• 😀 The primary function of capital markets is to efficiently allocate funds, offering investment alternatives with optimal returns for investors.
• 😀 The Stock Exchange (Bursa Efek) plays a crucial role in facilitating and overseeing the trading of securities, ensuring fairness and efficiency.
• 😀 The Indonesian Stock Exchange (Bursa Efek Indonesia or BEI) was formed by the merger of the Jakarta Stock Exchange (BEJ) and Surabaya Stock Exchange (BES) in 2007.
• 😀 Online trading has revolutionized the capital market, allowing investors to trade securities from any location, without needing to physically be on the trading floor.
• 😀 The primary market (Pasar Perdana) refers to the initial sale of securities by a company to investors through mechanisms like IPOs (Initial Public Offerings).
• 😀 In the secondary market (Pasar Sekunder), investors buy and sell securities among themselves, without involving the issuing company.
• 😀 Securities can be categorized into money market securities (short-term) and capital market securities (long-term), with each serving different investment needs.
• 😀 Money market instruments include options like Bank Indonesia Certificates (SBI), Treasury Bills (T-Bills), and commercial papers, often issued by the government or banks.
• 😀 Capital market securities primarily consist of equities (stocks), which represent ownership in companies, and debt instruments like bonds that represent loans to companies or governments.
• 😀 Investors in stocks can benefit from capital gains (when stock prices rise) and dividends (share of profits distributed by companies), with various types of dividends, including stock dividends and cash dividends.

Q & A

What is the role of the capital market?

The capital market is a platform where parties with excess funds can meet with those who need funds. It facilitates the buying and selling of securities, such as stocks, bonds, and mutual funds, with a maturity of more than one year.

What is the function of the stock exchange?

The stock exchange serves as an intermediary institution that facilitates the trading of securities, ensuring efficient and fair transactions between buyers and sellers. It also provides a system and infrastructure for listing and trading these securities.

How does the stock exchange help in the economy?

The stock exchange supports economic growth by promoting efficient capital allocation. It allows investors to find optimal investment returns while enabling companies to raise capital for their operations.

What is the difference between the primary market and the secondary market?

The primary market is where companies first sell securities to investors through mechanisms like an Initial Public Offering (IPO). The secondary market involves the trading of securities between investors, with no involvement from the issuing company.

What is the purpose of a prospectus in an IPO?

A prospectus provides detailed information about a company's financial health, operations, and future prospects. It helps potential investors make informed decisions about whether to invest in the company’s securities.

What are the two types of markets where securities are traded?

Securities can be traded in two types of markets: the auction market, where securities are offered through bidding, and the negotiation market, where securities are bought and sold via dealer networks.

What are securities, and how are they defined in the capital market?

Securities, or financial instruments, are assets that represent a financial claim. They include stocks, bonds, commercial papers, and other debt instruments. In Indonesia, securities are regulated under the Capital Market Law No. 8.

What is the role of the money market in the capital market?

The money market is a sector of the capital market that deals with short-term financial instruments. These include government bonds, bank certificates, and other instruments with maturities of less than one year.

How do equity securities work in the capital market?

Equity securities, such as stocks, represent ownership in a company. Investors purchase shares in the company, and the value of these shares can increase if the company performs well. They may also earn dividends based on company profits.

What are the different types of securities in the money market?

In the money market, securities include Bank Indonesia Certificates (SBI), commercial paper, Treasury Bills (T-Bills), and other short-term debt instruments issued by banks or the government to manage liquidity.