IHSG Strengthens, Analysts Cite Evidence of Rising Investor Confidence

The strengthening of the Composite Stock Price Index (IHSG) in recent days is viewed as a positive signal of increasing investor confidence in the direction of Indonesia’s capital market reforms. Amid global uncertainties, this trend reflects a progressively constructive market response to various policies rolled out by the regulator. On Tuesday’s trading session (14/4/2026), the IHSG rose 1.91 per cent to 7,642 in the morning session. With this achievement, the strengthening trend of the benchmark index of the Indonesia Stock Exchange (BEI) continues over the past few days. Moreover, domestic stock movements are deemed to be heading towards higher transparency levels and increasingly aligned with global standards. OJK Commissioner Chairman Friderica Widyasari Dewi stated that several new policies have been designed to address market players’ concerns, including those from global index providers. These steps include raising the minimum free float limit from 7.5 per cent to 15 per cent, disclosing shareholder data for holdings above 1 per cent, and the obligation to report Ultimate Beneficial Owners (UBO). Senior Market Chartist Nafan Aji Gusta views the positive market response as inseparable from the consistency of reforms implemented by the regulator. He cited FTSE Russell’s decision to maintain Indonesia in the secondary emerging market category as an indicator of global confidence. “FTSE Russell itself continues to place Indonesia in the secondary emerging market. This is a strategic step showing global investor confidence in our capital market,” Nafan said in his statement on Tuesday (14/4/2026). If the designed policies can be implemented sustainably, market transparency will increase further and ultimately strengthen global investor interest. He also emphasised that this situation is crucial to maintaining Indonesia’s position at the emerging market level, even opening opportunities for status upgrades in the future. “Our IHSG has begun to experience strengthening amid global uncertainties. This shows that the market is responding positively to the existing policy direction,” he added.