BP BUMN: IHSG Breaching 6,000 Proves Global Investor Confidence

Jakarta (ANTARA) - Head of the State-Owned Enterprise Supervisory Board (BP BUMN) and Chief Operating Officer (COO) of Danantara, Dony Oskaria, expressed gratitude and appreciation for the high level of global investor confidence, which enabled the Composite Stock Price Index (IHSG) to successfully breach the psychological level of 6,000. “This is tangible proof that both global and domestic investors place full confidence in the resilience of Indonesia’s economic fundamentals, particularly in our state-owned enterprise portfolio,” Dony said in an official statement confirmed from Jakarta on Friday. The IHSG recorded a significant rebound during Friday’s trading, soaring back through the 6,000 psychological level. This capital market revival coincided with the rupiah exchange rate strengthening back to the Rp17,900 range. Dony highlighted the positive performance of state-owned enterprise (BUMN) shares, particularly the mining sector which surged by around 7 percent, the state-owned banking sector (Himbara), and Telkom, which all helped underpin the IHSG’s recovery. “Seeing the IHSG’s green surge past 6,000 and the rupiah strengthening again today, we should be grateful and proud. Many thanks to all market participants,” Dony said. Dony asserted that the dominance of BUMN shares in driving the IHSG’s momentum is a true reflection of healthy business fundamentals resulting from continuous transformation. He further urged the public to maintain optimism, as this stability will have a direct impact on the real economy. “For the wider community, this stability ensures that the cost of basic necessities is controlled, and the flow of investment will lead to the creation of more new jobs. Cast aside doubt, let us together nurture optimism,” Dony stated. Going forward, BP BUMN together with Danantara is committed to continuously overseeing the performance of the entire state-owned enterprise portfolio to remain adaptive and resilient in facing global economic dynamics, while consistently delivering maximum added value for shareholders and the welfare of the Indonesian people. “This positive momentum signals that the policies being implemented are on the right track. A stable investment climate is the key to attracting high-value strategic partnerships,” Dony concluded.