IHSG Rebounds Past 6,000 Level, Danantara Chief Speaks Out
The Jakarta Composite Index (IHSG) recorded a significant rebound on Friday (12/6/2026), successfully breaching the psychological level of 6,000. The strengthening was predominantly supported by the positive performance of state-owned enterprise (BUMN) shares, particularly in the mining, state banking (Himbara), and Telkom sectors. Since the opening session, BUMN shares recorded massive buying accumulation from both domestic and foreign investors. Mining sector BUMN shares, for instance, rose by around 7 percent. Market confidence in the resilience and profitability of BUMNs became the main catalyst, reversing the IHSG’s direction into positive territory and injecting positive energy into the Indonesian capital market.
Responding to this positive achievement, Danantara COO and Head of BP BUMN, Dony Oskaria, expressed gratitude and appreciation to all capital market stakeholders. “We are very grateful and appreciate the positive performance of the IHSG, which today managed to return to the 6,000 level. Our deepest thanks go to all market participants and investors who continue to place high trust in the Indonesian capital market, and specifically in BUMN shares,” Dony stated in Jakarta on Friday. He further asserted that the dominance of BUMN shares in driving the IHSG was not coincidental, but rather the result of ongoing business transformation and fundamental strengthening within state-owned companies that has been positively received by the market.
“This positive momentum signals that the policies being implemented are on the right track. A stable investment climate is key to attracting high-value strategic partnerships. For the wider public, this stability ensures that the cost of essential goods remains manageable, and the flow of investment will ultimately lead to the creation of new, broader employment opportunities. Let us dispel doubt and together maintain optimism,” Dony remarked. The revival of the IHSG and the Rupiah was inseparable from the swift, strategic synergy between the government and relevant authorities. On 9 June 2026, Bank Indonesia (BI) took a tactical step by adjusting its benchmark interest rate to 5.50%, a crucial decision that immediately restored market confidence. This move was reinforced by consolidation initiated by Deputy Speaker of the House of Representatives, Sufmi Dasco Ahmad, who held a series of intensive meetings over the past week to align fiscal and monetary policies, involving the Finance Minister, the BI Governor, the State Secretary, and representatives from Danantara, Himbara, BPJS, and state insurers.
Commenting on this synergy, State Secretary Prasetyo Hadi urged the public to remain calm and not worry, as the country’s economic safety instruments are functioning well and banking fundamentals are proven strong. “Thank you to Mr. Dasco for continuously facilitating this discussion space. Alhamdulillah, our economic fundamentals, especially in the banking sector, are very strong,” Prasetyo said at the Parliament Complex in Senayan. He also specifically appreciated the collaboration among state market players. Going forward, BP BUMN and Danantara are committed to continuously overseeing the performance of all state company portfolios to remain adaptive and resilient amid global economic dynamics, consistently delivering maximum added value for shareholders and the welfare of the Indonesian people.