Sejarah Pasar Modal Indonesia | Belajar Saham - Episode 1

Summary

This video provides an insightful introduction to the capital market in Indonesia, starting with its historical roots dating back to the colonial era in 1912. It covers the evolution of the market, its revitalization in 1977, and the key regulatory bodies that ensure its smooth operation today, such as the OJK, the Indonesian Stock Exchange, and other essential institutions. The video also explores the performance of the market over the years, highlighting the role of major companies in driving growth. It offers a simple, accessible overview of investment opportunities in the Indonesian capital market.

Takeaways

• 😀 The history of the capital market in Indonesia dates back to the colonial era, with the first stock exchange established in 1912 during Dutch rule.
• 😀 The capital market in Indonesia was temporarily deactivated during the World Wars and the transition of power to the Indonesian government.
• 😀 The capital market was reactivated in 1977 under the government of the Republic of Indonesia.
• 😀 In the following years, the capital market in Indonesia saw growth due to various incentives and regulations issued by the government.
• 😀 Key regulatory bodies overseeing the Indonesian capital market include the Financial Services Authority (OJK), the Indonesia Stock Exchange (IDX), the Indonesian Clearing and Guarantee Corporation (KPEI), and the Indonesian Central Securities Depository (KSEI).
• 😀 OJK is the highest regulatory authority overseeing the financial and insurance industries, including the capital market sector in Indonesia.
• 😀 IDX is responsible for running, monitoring, and supervising the capital market's transactions in Indonesia.
• 😀 KSEI handles the safekeeping of assets invested by investors, which are not stored in banks.
• 😀 KPEI guarantees and ensures the settlement of transactions in the stock market.
• 😀 The journey of the Indonesian Stock Exchange Index (IHSG) has seen significant ups and downs, reaching as high as 7,000 in 2022, following a recovery from the 1998 financial crisis where it dropped to around 500 points.
• 😀 As of June 2022, the 20 largest companies in Indonesia represented approximately 50% of the total IHSG market capitalization, with notable companies including BCA, Bank BRI, Goto, Telkom, and Bank Mandiri.

Q & A

What is the historical background of the capital market in Indonesia?

The capital market in Indonesia dates back to the colonial era, specifically in 1912 during Dutch rule. It was initially established by the Dutch East India Company (VOC) for colonial purposes. After World War I and World War II, and the transition of power to the Indonesian government, the market was temporarily deactivated. It was reactivated in 1977 and has grown significantly since then.

Who oversees the capital market in Indonesia today?

Currently, the capital market in Indonesia is regulated by the Financial Services Authority (OJK), which is the highest authority overseeing the financial industry, including insurance and other financial services. The Indonesia Stock Exchange (IDX) also plays a key role in monitoring and managing the market.

What role does the Indonesia Stock Exchange (IDX) play in the capital market?

The IDX functions as the institution that manages, supervises, and monitors all market activities in Indonesia. It ensures that transactions within the capital market are executed properly and transparently.

What is the role of the KSEI (Indonesia Securities Depository) in the capital market?

The KSEI is responsible for storing and managing all the assets or securities invested by investors. These assets are not stored in banks, but rather with KSEI, which ensures their safety and proper documentation.

What is the function of the KPEI (Indonesia Clearing and Guarantee Corporation)?

The KPEI is responsible for clearing and guaranteeing the transactions in the stock market. It ensures that every stock transaction is completed efficiently and securely.

How did the Indonesian capital market perform during the 1997-1998 Asian financial crisis?

During the Asian financial crisis in 1997-1998, the Indonesian capital market saw a significant decline. The IDX Composite Index (IHSG) dropped from over 1,000 points to around 500 points due to the global economic turmoil.

What major event marked the recovery of Indonesia's capital market in the late 1990s?

The recovery of the Indonesian capital market began in 1999 and continued into 2000, as the market rebounded from the effects of the financial crisis. This recovery was characterized by a gradual increase in the IHSG.

How did the IHSG perform in recent years, particularly in 2022?

In 2022, the IHSG reached a significant milestone, hitting over 7,000 points. This marked a substantial improvement in the market's performance compared to the crisis years.

What is the importance of the largest companies in Indonesia's stock market?

The largest companies in Indonesia, such as BCA, BRI, Goto, Telkom, and Bank Mandiri, play a crucial role in the capital market. Together, they contribute approximately 50% of the total market capitalization of the IHSG, which reached about 9,000 trillion Rupiah in 2022.

What additional tools does MNC Sekuritas provide for investors?

MNC Sekuritas encourages investors to use the Motion Create application, which is available in the App Store and Google Play Store. This app provides investors with a convenient way to invest in stocks and mutual funds.