Corrected Since Early 2026, OJK Chief: IHSG Shows Strengthening Trend in May 2026

The Chair of the Financial Services Authority (OJK), Friderica Widyasari Dewi, known as Kiki, acknowledged that the Composite Stock Price Index (IHSG) has experienced a correction of 18.49 per cent since the beginning of 2026. However, Kiki assured that in early May 2026, the IHSG has begun to show a strengthening trend. On 5 May 2026, the IHSG was recorded to have strengthened by 1.44 per cent to the level of 7,057. “Entering May 2026, the IHSG is showing a strengthening trend,” said Kiki during the Press Conference on the Results of the Periodic Meeting of the Financial System Stability Coordination Forum (KSSK) II of 2026 at the Bank Indonesia office complex, Jakarta, on Thursday, 7 May 2026. “As of 5 May (the IHSG) closed at the level of 7,057, or appreciated by 1.44 per cent month-to-date,” she stated. In addition, Kiki also reported that throughout January-May 2026, funds collected in the domestic capital market grew positively to reach Rp59.35 trillion. The largest contributor came from the issuance of bonds and sukuk, amounting to Rp58.92 trillion. “This achievement shows that interest in fundraising in the Indonesian capital market is maintained,” said Kiki. In line with that, Kiki reported that positive growth also occurred in the number of investors in the Indonesian capital market in the first quarter of 2026. As of 5 May 2026, there were 24.7 million Single Investor Identifications (SID) recorded in the capital market. “This also serves as evidence of investor confidence in the Indonesian capital market, seen from the number of domestic retail investors entering the Indonesian capital market,” she said.