Jakarta – Despite a market downturn today, Friday, October 17, 2025, IndonesiaS Minister of Finance, Purba Yudhi Sadewa, expressed strong confidence in the nation’s economic trajectory, predicting the Composite Stock Price Index (IHSG) could reach 9,000 by year-end.The IHSG closed at 7,915,down 20.91 points (2.57%) today.
Sadewa attributed his optimistic outlook to ongoing government efforts to strengthen the Indonesian economy’s foundations, assuring investors there is no cause for concern. He believes that as various economic programs are implemented, Indonesia‘s economic profile will improve significantly. ”By the end of the year, getting 9,000 is not too tough. Once they know that the programme I am running is really being implemented correctly, the foundation of the economy will change,” he stated at the ministry of Public Works Office in Jakarta.
Looking further ahead, Sadewa projected an even more substantial rise, forecasting the IHSG to reach 35,000 by 2035, contingent on the continued success of current programs. “As I said earlier, if I can maintain this, really expand it to 10 years, 8 years from now, 2030, it will be different. It could be 4 times, 5 times from now, from 7 thousand. So people say it’s above 35,000 or around there. But we’ll see, if I don’t get fired, okay,” he added.
The Minister also viewed the current decline in the JCI as a favorable possibility for investors. “I think like this, what you see is what the economic foundation will be like in the future. We are seriously repairing the foundation. This will change the economic profile in the future. If investors know, there’s no need to be afraid. Good time to buy,” Sadewa said.
Today’s trading saw a volume of 39.95 billion shares traded, valued at IDR 27,964 trillion, across 2,676,483 transactions. Of the shares traded, 116 strengthened, 598 weakened, and 94 remained stagnant. The JCI opened at 8,132,reaching a high of 8,140 and a low of 7,854 during the session.
(hns/hns)
