Indonesian Political, Business & Finance News

Purbaya Highlights DSI's Market Impact, Urges Investors to Buy Himbara Shares

| Source: CNBC Translated from Indonesian | Banking
Purbaya Highlights DSI's Market Impact, Urges Investors to Buy Himbara Shares
Image: CNBC

Jakarta, CNBC Indonesia – Finance Minister Purbaya Yudhi Sadewa is optimistic that the establishment of PT Danantara Sumber Daya Indonesia (DSI), a state-owned enterprise tasked with managing a single-channel export mechanism for strategic commodities, will have a positive impact on financial markets, particularly for publicly listed companies and Himbara (State-Owned Banks Group).

He stated that DSI’s presence will enhance transparency and profitability for companies engaged in commodity exports, as previously, potential profits were not fully reflected in corporate reports.

“If these profits are now fully reported by the companies, profitability could rise significantly. This is positive news for the market, not negative. It will enforce discipline so that owners of publicly listed companies do not siphon off funds, thereby benefiting investors,” Purbaya said during a press conference in Jakarta on Sunday (31/5/2026).

In addition to impacting publicly listed companies, Purbaya believes the policy will strengthen national banking liquidity, particularly for Himbara banks, as export proceeds and foreign exchange earnings flow into the domestic financial system.

He also noted that the positive impact should already be reflected in the performance of Himbara bank shares. He even said that if permitted to invest in the stock market, he would have taken advantage of the previous price decline to buy Himbara shares.

“I don’t understand why Himbara bank shares haven’t risen yet. If I were allowed to trade stocks, I would have bought them when they fell. Am I not allowed? Well, you can, so buy plenty. They will have substantial cash reserves soon, which will strengthen their financial position—simple as that,” Purbaya added.

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