Riau-Based Transactions On Bourse Nearly Double

The value of transactions on the Indonesia Stock Exchange by local investors in Riau province is expected to nearly double this year, from Rp 2.2 trillion last year to Rp 4.1 trillion this year, the head of the market’s local investor center said in Pekanbaru on Friday.

“This is an indication of rising awareness among capital owners in Riau about the benefits of investing their funds in the stock exchange,” Emon said. The bourse and brokerages have targeted Riau investors, many of whom are wealthy owners of palm oil plantations, through the local investor center. Emon Suliaman, chief of the Riau Capital Market Information Center (PIPM), said the number of Riau investors had soared from 237 in 2004 to nearly 1,700 currently.

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