Telkom Indonesia's Market Value Sees Significant Boost

Strong Investor Confidence in Business Transformation

PT Telkom Indonesia (Persero) Tbk has experienced a substantial increase in its market capitalization, rising by Rp112 trillion. According to Rosan Roeslani, CEO of Danareksa, this surge reflects strong investor confidence in Telkom's ongoing business transformation and governance improvements. The significant jump in market value positions Telkom as one of the highest-valued companies in Indonesia's capital market.

Strategic Progress and Future Outlook

Rosan Roeslani expressed gratitude to both the public and market participants for their trust in Telkom's transformation journey. He emphasized that the company's strategic progress and stability in the capital market demonstrate optimism for future growth. The successful transformation has not only boosted investor confidence but also enhanced Telkom's ability to contribute significantly to Indonesia's economic development goals, particularly the 8% national economic growth target.

Leadership Appreciation and Corporate Synergy

Rosan also praised Telkom's management team for their collaborative efforts, stating that their contributions and transformation initiatives have received a positive response from the market. This appreciation highlights the importance of effective leadership and strategic execution in achieving corporate goals and enhancing shareholder value.

Market Implications

The substantial increase in Telkom's market capitalization underscores the company's strong position in the Indonesian capital market. As one of the leading state-owned enterprises, Telkom's performance is closely watched by investors and market analysts. The company's ability to maintain its market value and continue its growth trajectory will be crucial in sustaining investor confidence and supporting national economic objectives.