JCI Breaches 6,000, BP BUMN Hails Sustained Optimism
The Jakarta Composite Index (IHSG) recorded a significant rebound on Friday (12/6/2026), surging back through the psychological level of 6,000. The capital market rally coincided with the Rupiah strengthening back to the Rp 17,900 range against the US dollar.
The index’s rise was predominantly supported by the positive performance of state-owned enterprise (BUMN) shares, particularly the mining sector which soared by around 7 percent, along with state banking stocks (Himbara) and Telkom. Since the start of the trading session, BUMN shares recorded massive buying accumulation volumes from both domestic and foreign investors.
Responding to this positive momentum, Head of the BUMN Regulatory Body (BP BUMN) and Chief Operating Officer of Danantara, Dony Oskaria, expressed gratitude and appreciation for the high level of market confidence. “Seeing the IHSG movement surge into the green, breaking through 6,000, and the Rupiah exchange rate strengthening again today, we should be grateful and proud. A huge thank you to all market participants. This is clear evidence that global and domestic investors have full confidence in the resilience of Indonesia’s economic fundamentals, particularly in our BUMN portfolio,” Dony Oskaria stated in Jakarta on Friday.
Dony emphasised that the dominance of BUMN shares in driving the IHSG is a clear 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. “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 community, this stability ensures that the cost of basic necessities remains under control, and the flow of investment will lead to the creation of more new jobs. Let us dispel doubt and together safeguard this optimism,” Dony stated.
The revival of the IHSG and the Rupiah today cannot be separated from the swift and strategic synergy between the government and relevant authorities. On 9 June 2026, Bank Indonesia (BI) took a tactical step by adjusting the benchmark interest rate to 5.50 percent, a crucial decision that immediately restored market confidence.
This move was reinforced by consolidation initiated by Deputy Speaker of the House of Representatives (DPR), Sufmi Dasco Ahmad. Over the past week, Dasco held a series of intensive meetings to align fiscal and monetary policies. It began on 6 June with a closed meeting involving Finance Minister Purbaya Yudhi Sadewa, BI Governor Perry Warjiyo, State Secretary Minister Prasetyo Hadi, and leaders of the DPR’s Commission XI. The consolidation continued on 9 June, bringing together representatives from Danantara, Himbara, BPJS, and BUMN insurance firms.
Responding to this synergy, State Secretary Minister Prasetyo Hadi urged the public to remain calm and not worry, asserting that Indonesia’s economic safety instruments are functioning very well and that banking fundamentals have proven strong. “Thank you to Mas Dasco for continuously facilitating this discussion space. Alhamdulillah, our economic fundamentals, particularly on the banking side, are indeed very strong,” Prasetyo said at the Parliament Complex in Senayan.
Prasetyo also specifically appreciated the collaboration among state market players. “We thank Mr Dony and all ranks at Himbara, as well as Taspen, BPJS, and INA for their continuous coordination. We will keep working hard to overcome economic challenges in order to create stable conditions as we all hope for,” he added.
Going forward, BP BUMN and Danantara are committed to continuously overseeing the performance of all state-owned company portfolios to ensure they remain adaptive and resilient in facing global economic dynamics, while consistently delivering maximum added value for shareholders and the welfare of the Indonesian people.