On September 1, the Indonesian stock market opened with a sharp drop of 3.44% (approximately 269.15 points), falling to 7,561 points, with a trading volume of 2.22 million shares and a transaction value of 2.07 billion Indonesian rupiah.
The Coordinating Minister for Economic Affairs at a press conference at the Jakarta Stock Exchange called on investors to understand the current market volatility, emphasizing that Indonesia's economic fundamentals (corporate finances and prospects) remain solid, and expected that the impact of socio-political dynamics on the economy would only be short-term.
He stated that the government is maintaining communication with listed companies, the exchange, and investors to ensure that investment plans are not disrupted, and pledged to maintain economic stability to prevent short-term volatility from affecting long-term development. He also pointed out that recent public demonstrations to express demands are a democratic right, but hoped they would be conducted peacefully and with mutual respect to accelerate economic recovery.
Market analysts believe that the stock market decline may be influenced by recent social protests, but the government is committed to ensuring a safe investment environment so that long-term economic goals remain unaffected.
On September 1, the Indonesian stock market opened with a sharp drop of 3.44% (approximately 269.15 points), falling to 7,561 points, with a trading volume of 2.22 million shares and a transaction value of 2.07 billion Indonesian rupiah.
The Coordinating Minister for Economic Affairs at a press conference at the Jakarta Stock Exchange called on investors to understand the current market volatility, emphasizing that Indonesia's economic fundamentals (corporate finances and prospects) remain solid, and expected that the impact of socio-political dynamics on the economy would only be short-term.
He stated that the government is maintaining communication with listed companies, the exchange, and investors to ensure that investment plans are not disrupted, and pledged to maintain economic stability to prevent short-term volatility from affecting long-term development. He also pointed out that recent public demonstrations to express demands are a democratic right, but hoped they would be conducted peacefully and with mutual respect to accelerate economic recovery.
Market analysts believe that the stock market decline may be influenced by recent social protests, but the government is committed to ensuring a safe investment environment so that long-term economic goals remain unaffected.