Jakarta, IDN Times — Finance Minister Purbaya Yudhi Sadewa has expressed strong optimism that the Jakarta Composite Index (JCI) will rebound and reach the 8,000 level. He addressed concerns regarding the index’s dip to the 5,900 range during Friday’s trading session (May 22, 2026).
According to Purbaya, the long-term trajectory of stock prices is tethered to corporate fundamentals, which are ultimately driven by the broader economy. “It can certainly reach 8,000 again. Stock price movements depend on the company’s fundamentals. When the economy is strong, corporate profitability inevitably rises,” he explained.
1. A Strategic Opportunity for Investors
Purbaya views the current market decline as a golden opportunity for investors, noting that it is illogical for a profitable company’s stock to stay suppressed for long. He suggests that investors look past the volatility, as these stocks are currently undervalued. “If a company is profitable, its stock price shouldn’t be falling. It’s undervalued—if you buy now, you’re likely to see profits,” he added.
2. Government Commitment to Economic Resilience
Encouraging investors to remain confident in the market, Purbaya emphasized that the government is dedicated to safeguarding and strengthening national economic conditions. He assured the public that ongoing improvements will accelerate the path toward recovery.
“There is no need to fear the stock market. We are committed to consistently improving the economy, and the pace of this progress will only continue to quicken,” he said. He maintains that a JCI rebound is simply a matter of time as the underlying economic improvements take hold, predicting that a recovery is not far off.
3. Positive Outlook for Next Week’s Market Performance
Beyond economic fundamentals, Purbaya also pointed to technical market analysis as a reason for his optimism. He expects the JCI to exhibit more aggressive growth in the immediate future.
“Looking at the technical indicators, I believe the index is set to rally strongly as early as next week,” Purbaya concluded.
Related Coverage:
JCI Strengthens by 1.1 Percent, Reclaiming the 6,000 Level
JCI Plummets Friday Morning, Briefly Falling Below the 6,000 Threshold
The Impact of Prabowo’s Speech and BI Interest Rate Hikes on Today’s JCI
Summary
Finance Minister Purbaya Yudhi Sadewa remains optimistic about the Jakarta Composite Index (JCI), asserting that it will eventually recover to the 8,000 level. He views the recent dip to 5,900 as a strategic buying opportunity for investors, noting that profitable companies are currently undervalued. According to Purbaya, long-term stock performance is fundamentally tied to corporate profitability and overall economic strength.
The government maintains a strong commitment to enhancing national economic resilience, which is expected to facilitate a market recovery. Based on technical indicators and broader economic improvements, Purbaya predicts a significant market rally beginning as early as next week. He encourages investors to look past current volatility and maintain confidence in the market’s upward trajectory.
