Spot gold priceThe President of the Republic of Indonesia, Joko Widodo, has high hopes for the Indonesian capital market to grow in the midst of the COVID-19 pandemic.

"The severity of the COVID-19 pressure has also affected capital market players. I understand the severity of the COVID-19 pressure on capital market players, this is a tough test but we can keep the economy moving," he said at the Capital Market 44th Anniversary ceremony on Tuesday (10/8).

According to Jokowi, the government appreciates the addition of capital market investors, which is very significant up to 4 times compared to 2019.

"We are grateful that investors are dominated by domestic investors and millennials as the majority. This will contribute to resisting capital market pressures in the future," he explained.

Furthermore, the splendor of initial public offerings (IPOs) did not subside. Even the number of IPOs until August 6, 2021, which reached 2