Gov’t Committed to Maintaining Trust in Stock Exchange

President Jokowi answers questions from reporters after opening the first trading day of 2020 at the Indonesia Stock Exchange, Jakarta, Thursday (2/1). Photo by: Jay/PR.

The Government is committed to maintaining trust in the stock and capital markets in Indonesia, President Joko “Jokowi” Widodo has said.

“I have talked to Chairman of the Financial Services Authority (OJK) and CEO of the Indonesian Stock Exchange (IDX) on this matter. We share the same commitment to build trust for the Indonesia Stock Exchange,” the President told reporters after opening the first trading day of 2020 at the Indonesia Stock Exchange, Jakarta, Thursday (2/1).

In his remarks, President Jokowi also called on the stock exchange authority, the OJK and the IDX to prevent speculative trading and manipulation.

The President went on to say that based on the result of a survey, Indonesia is ranked first as the most preferred emerging markets in 2020, outperforming China, India, Brazil, and other emerging countries.

“We must maintain the trust by preventing manipulations (in the stock market),” the President said. (TGH/ES)

Translated by: Ridwan Ibadurrohman
Reviewed by: Ersan Pamungkas