Stockbit Supports Investors In The Capital Market

Antara News are reporting on the stock investment App called Stockbit, which has helped increase public participation in the capital market through various educational and literacy efforts.

The Indonesian Central Securities Depository (KSEI) reported that by the end of November 2022, the number of stock investors reached 4.38-million, a 27-percent increase from 3.45-million investors at the end of 2021.

“In response to this, throughout 2022, the stock investment App, Stockbit, has brought various excellent features to investors, both beginners and experienced ones, in Indonesia so that they can invest professionally,” Stockbit’s head of product marketing, Vania Valeriana, said in a statement received in Jakarta on Monday, report Antara News.

Apart from being the largest social forum for investors and stock traders in Indonesia (Stockbit Stream), Stockbit has provided access to all users to use the “screener” feature, presented more detailed E-IPO features, broker summary, auto orders, and a new look at the company profile and Chartbit in 2022.

This has been part of our efforts in inviting the public to invest in a professional manner, Valeriana said.

She explained that earlier, only users with a customer fund account (RDN) at Stockbit were granted access to the “screener” feature, but now this feature can be used by all users without exception.

According to Stockbit users, the “screener” feature has been helpful in looking up certain stocks based on their personal criteria or the “screener” presets provided by Stockbit such as technical, fundamental and dividend aspects.

“Stockbit is the only App that has this feature, and it is very important for traders and investors,” one of the users, Eko Purwanto, said.

Using the “E-IPO” feature, users can order IPO stocks online on the Stockbit App without having to register separately. Under the “broker summary” feature, users can get detailed information about what stocks are being bought (accumulated) or sold (distributed) by certain brokers on a real-time basis, say Antara News.

Through the “auto order” feature, Stockbit is supporting investors who are particularly busy or have other activities during stock trading hours to conduct “auto-buy” and “auto sell.”

The “auto-buy” feature allows Stockbit users to buy stocks at a predetermined price so that when the stock price moves according to the target price, the order runs automatically.

With the “auto sell” feature users can sell stocks for to a certain target price, which could help them secure their profit or stop their loss.

The “auto order feature” on Stockbit is equipped with a “good for day” option, where orders remain valid until the end of the trading day, and a “good till canceled” option, where orders will be deemed valid until the user’s order has been canceled.

Meanwhile, Stockbit has also updated the Chartbit and company profile views to display more complete information. For example, with a new pointer, users can see details of hours, dates, and stock price movement more clearly.

“We also present haptic vibrations, which allow real user experience when reading charts,” Valeriana said.

Earlier, the Composite Stock Price Index (IHSG) of the Indonesia Stock Exchange (IDX) closed higher at the start of the week, led by stocks from the energy sector.

IHSG closed up 35.14-points or 0.52-percent at 6,835.81. Meanwhile, the group of 45-leading stocks or the LQ45 index rose 0.88-points or 0.09-percent to 935.15, say Antara News.

The movement of IHSG was also supported by sentiment from the commodity market, especially coal, whose prices remained stable at high levels. This brought the energy sector back to strength and led to a sectoral increase.

Opening higher, IHSG mostly moved in positive territory during the first session of stock trading. In the second session, IHSG was still comfortable moving in the green zone until the close of stock trading.

Based on the IDX-IC Sectoral Index, five sectors saw a correction, with the technology sector sliding the most by 1.27-percent, followed by the transportation and logistics sector (0.42-percent) and the health sector (0.41-percent) respectively.

Meanwhile, the stocks of six sectors increased, with the energy sector rising the most that are, by 1.9-percent, followed by the property and real estate sector and the industrial sector, which rose 0.61-percent and 0.31-percent, respectively. 

Source: Antara News

Latest Article
ADB Forecasts Growth in Asia-Pacific
Tempo is reporting that the Asian Development Bank (ADB) forecasts economic growth in the Asia-Pacific...
Ministry: Limiting Electronic Imports Supports Domestic Businesses
Indonesia’s Ministry of Industry hopes that new regulations on the import trade in electronic products...
President Signs Decree on FATF
According to reporting from Antara News, President Jokowi has signed Presidential Decree Number 14 of...
Nvidia and Indosat to Build AI Center in Indonesia
Data Centre Dynamics is reporting that Nvidia and Indosat Ooredoo Hutchison (IOH) have partnered to build...
Indonesia, Germany Sign MoU for Industrial Vocational Training
Head of Indonesia’s Industrial Human Resources Development Agency (BPSDMI,) Masrokhan, said on Thursday...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Contact Our Consultants

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.