{
    "success": true,
    "data": {
        "id": 1978663,
        "msgid": "major-bank-stocks-rally-amid-cabinet-reshuffle-rumours-1789379856",
        "date": "2026-09-14 15:46:12",
        "title": "Major Bank Stocks Rally Amid Cabinet Reshuffle Rumours",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Shares of Indonesia's largest banks saw significant gains during Monday's trading session, driven by speculation surrounding a cabinet reshuffle under President Prabowo Subianto. The market reacted positively as news emerged regarding the appointment of new ministers, including the inauguration of Suahasil Nazara as Finance Minister.",
        "content": "<p>Banking stocks were observed to strengthen significantly during\ntrading on Monday (14\/09\/2026), amidst rumours of a cabinet reshuffle\nwithin President Prabowo Subianto\u2019s administration.<\/p>\n<p>The gains were seen across several major bank stocks, including PT\nBank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Central Asia Tbk\n(BBCA), PT Bank Mandiri (Persero) Tbk (BMRI), PT Bank Negara Indonesia\n(Persero) Tbk (BBNI), PT Bank Tabungan Negara (Persero) Tbk (BBTN), and\nPT Bank Syariah Indonesia Tbk (BRIS).<\/p>\n<p>As of 15:20 WIB today, BBRI shares stood at Rp3,340 per share, rising\n70 points or 2.14% compared to the previous close. However, on a\nyear-to-date (YTD) basis, BBRI shares have recorded a decline of\n8.24%.<\/p>\n<p>BBCA shares also rose by 7s5 points or 1.19% to the level of Rp6,400\nper share. This strengthening follows a previous YTD correction of\n20.25% for BBCA.<\/p>\n<p>Meanwhile, BMRI shares increased by 30 points or 0.69% to Rp4,390 per\nshare. Nevertheless, BMRI shares remain in a downward trend YTD with a\ncorrection of 13.50%.<\/p>\n<p>BBTN shares were recorded to have risen by 20 points or 1.70% to the\nlevel of Rp1,195 per share. Unlike other major banks, BBTN has\nmaintained a YTD increase of 3.02%.<\/p>\n<p>Additionally, BRIS shares edged up by 5 points or 0.29% to Rp1,725\nper share. Despite today\u2019s gains, BRIS shares have recorded a YTD\ndecline of 20.14%.<\/p>\n<p>The surge in banking stocks coincided with the emergence of rumours\nregarding a cabinet reshuffle. President Prabowo Subianto is reported to\nbe inaugurating several ministers and deputy ministers at the State\nPalace, Central Jakarta, on Monday evening (14\/09\/2026).<\/p>\n<p>According to monitoring by CNBC Indonesia, several ministers and\ndeputy ministers had already gathered at the State Palace, including the\nCoordinating Minister for Human Development and Cultural Affairs,\nPratikno, and Deputy Finance Minister Suahasil Nazara.<\/p>\n<p>President Prabowo Subianto inaugurated Suahasil Nazara as Finance\nMinister. Suahasil replaces Purbaya Yudhi Sadewa, who held the position\nfor one year.<\/p>\n<p>The inauguration took place at the State Palace on Monday\n(14\/09\/2026), with several ministers, deputy ministers, and other state\nofficials in attendance.<\/p>\n<p>Suahasil arrived at approximately 15:00 WIB, dressed in a black suit\nand accompanied by his wife.<\/p>\n<p>Suahasil is not a new figure within the Ministry of Finance. He\npreviously served as Deputy Finance Minister since the era of President\nJoko Widodo (Jokowi) and has continued to hold trust within the current\nadministration.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/major-bank-stocks-rally-amid-cabinet-reshuffle-rumours-1789379856",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}