Danantara Boss Confident Indonesian Stock Market Will Rally Again
JAKARTA, KOMPAS.com - Rosan Roeslani, CEO of Danantara Indonesia, is convinced that the prospects for Indonesia’s capital market remain highly positive, particularly in the long term. This aligns with the continued strength of the fundamentals of state-owned enterprises (BUMN) and a trend of rising numbers of investors. He said this during a visit to the Indonesia Stock Exchange (BEI) accompanied by Deputy Speaker of the House Sufmi Dasco Ahmad, Head of the State-Owned Enterprises Agency (BP BUMN) Dony Oskaria, and Chair of the Financial Services Authority (OJK) Board of Commissioners Friderica Widyasari Dewi, on Tuesday (19 May 2026).
“Our approach is not daily or monthly, but long-term. I am very confident that going forward, in the long term the exchange will continue to grow, increasing in terms of market capitalization, as well as in terms of its listed companies and also its investors,” said Rosan.
Rosan emphasised that Danantara’s investment approach is indeed long-term and not fixed to daily market movements. “We view stock market investments as long-term for Danantara. If we look at state-owned enterprises listed on the exchange individually—such as Himbara or mining companies—their yields are also very good, at well over 10-11 percent,” he said.
Optimism about the improving stock market is also supported by the reform steps being taken by BEI together with OJK, in line with regulatory adjustments by global index provider Morgan Stanley Capital International (MSCI).
According to Rosan, the improvements are making the capital market more transparent and increasing investor confidence.
He believes this will generate far greater confidence in the Indonesian stock market going forward.
“This is a process, which we believe will build even greater confidence in our exchange in the future. Of course, from both domestic and international investors, the process is indeed we are heading in the right direction. So how do we try to accelerate the improvements and refinements already carried out by OJK and BEI,” he said.
Rosan also regards the rising number of investors as a positive indicator for the prospects of Indonesia’s capital market. He said the total number of stock market investors now stands at 27 million, up from about 20 million the previous year. “Logically, this increase occurs because our investors are confident that our exchange will be even better in the future and more promising; otherwise the number of investors would have fallen,” he said.
He added that the optimism about the market’s improvement is also in line with the educational efforts by BEI and OJK for the public. Rosan said education and outreach are being strengthened to enhance understanding that the capital market still holds good prospects, especially for medium- to long-term investments. “That is the kind of education we must provide and communicate so that understanding of the exchange, the capital market becomes good and comprehensive,” he concluded.