Indonesia's Stock Index Potentially Reaches 10,000 Points with Strong Fundamentals

OJK's Positive Outlook on IHSG

The Financial Services Authority (OJK) has expressed optimism that the Indonesian Composite Index (IHSG) can reach the 10,000-point level, aligning with the view expressed by Finance Minister Sri Mulyani's predecessor, Purbaya Yudhi Sadewa. According to Inarno Djajadi, Head of Capital Market Supervision at OJK, this milestone is achievable provided that Indonesia's economic fundamentals remain robust and domestic investors play an increasingly significant role in the capital market.

Conditions for Achieving the 10,000-Point Milestone

Inarno emphasized that a strong economic foundation is crucial for the IHSG to reach 10,000 points. This includes maintaining solid economic growth and enhancing the resilience of the capital market through active participation from both retail and institutional domestic investors. While acknowledging the potential, Inarno also highlighted that various domestic and global dynamics influence the IHSG's movement, necessitating cautious investment decisions.

OJK's Emphasis on Investor Prudence

While expressing optimism about reaching the 10,000-point mark, OJK also reminded investors to remain vigilant and manage risks effectively. Inarno stressed that investment decisions should be accompanied by thorough risk assessment and prudent strategies, reflecting OJK's ongoing commitment to investor protection and market stability.