Purbaya: Many People Are Unaware, Now Is the Time to Scoop Up Shares!
Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa revealed that Indonesia’s economic growth, which reached 5.61% year-on-year in the first quarter of 2026, will serve as a positive signal for the Indonesian capital markets.
He stated that he has long advised market participants at the Indonesia Stock Exchange (BEI) to pour investments into shares. However, until the economy grew rapidly, many market players, in his view, failed to recognise that signal.
“Our economy is currently experiencing acceleration. That’s what many people haven’t realised, so people are somewhat fearful and exiting the capital markets,” Purbaya said at the State Palace area in Jakarta, quoted on Wednesday (6/5/2026).
For that reason, he claimed that as the pace of economic growth continues to accelerate, the Composite Stock Price Index (IHSG) will quickly turn green again and provide profits for its investors.
“I kept saying scoop up, scoop up, scoop up. If they had followed, they would surely profit handsomely in the future,” he emphasised.
According to Purbaya, the government will maintain the rapid growth trend in the second quarter of 2026. He is confident that the Indonesian economy will continue to accelerate, leaving behind the curse of growth hovering around 5%.
“Clearly, the economy is heading towards faster growth figures, and we will maintain that for the second quarter with various policies, coordination with the Central Bank to safeguard liquidity conditions, and we will also provide additional stimuli,” he explained.
As is known, the IHSG closed in positive territory for two consecutive days. At the close of trading on Tuesday (5/5/2026), the index surged 1.22% to 7,057.11.
The transaction value reached Rp23.9 trillion, involving 43.92 billion shares in 2.42 million transactions. A total of 342 shares rose, 314 fell, and 163 remained unchanged.
Nevertheless, foreign investors were observed to be aggressively engaging in net selling, reaching Rp518.39 billion across all markets. The breakdown was Rp317.94 billion in the regular market and Rp200.44 billion in the negotiation and cash markets.
In addition, there were several stocks that saw the highest foreign buying interest. Citing Stockbit, here is the net foreign buy for Tuesday’s trading!
PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) - Rp244.52 billion
PT Barito Pacific Tbk. (BRPT) - Rp138.09 billion
PT Bukit Uluwatu Villa Tbk. (BUVA) - Rp50.75 billion
PT DMS Propertindo Tbk. (KOTA) - Rp44.75 billion
PT Bank Negara Indonesia (Persero) Tbk. (BBNI) - Rp28.84 billion
PT Darma Henwa Tbk. (DEWA) - Rp28.40 billion
PT Astrindo Nusantara Infrastruktur Tbk. (BIPI) - Rp24.55 billion
PT Amman Mineral Internasional Tbk. (AMMN) - Rp22.75 billion
PT Chandra Daya Investasi Tbk. (CDIA) - Rp22.64 billion
PT Rukun Raharja Tbk. (RAJA) - Rp18.78 billion