IDX Urges Gen Z Investors to Avoid Social Media Hype

The Indonesia Stock Exchange (IDX) has warned Generation Z investors against making impulsive investment decisions based on social media trends. Head of the IDX Representative Office for Central Java 2, Solo Raya, M. Wira Adibrata, highlighted the fear of missing out (FOMO) that drives young investors to buy stocks purely for the thrill of participating in market buzz.

He cautioned that following the recommendations of influencers or jumping on the bandwagon of what's popular on social media is not a prudent investment strategy. Wira stressed the importance of understanding the instruments being purchased and relying on data-driven analysis, such as price movements, transaction volumes, and company fundamentals, before committing to any transactions.

The warning comes as capital market activity in the Greater Solo region has surged, with transactions reaching Rp26 trillion in the first half of 2026, up from an average of Rp3 trillion monthly. The IDX has also launched 50 Investment Galleries in the region to boost capital market literacy among young people, with four new galleries recently opened.

Wira emphasized the need for early financial education in schools and universities to foster healthy financial habits and steer young investors away from the allure of illegal online investment and gambling schemes.