Jakarta – Despite a market downturn today, Friday, October 17, 2025, IndonesiaS Minister of โFinance, Purba Yudhi Sadewa, expressed strong confidence in the nation’s economic trajectory, predicting the Composite Stockโค Price Index (IHSG) could reachโค 9,000 by year-end.The IHSG closedโฃ at 7,915,down 20.91 points (2.57%) today.
Sadewa attributed his optimistic outlook โto ongoing government efforts to strengthen the Indonesian economy’s foundations,โ assuring investors there is no cause for โconcern. He โขbelieves that as various economicโ programs are implemented, Indonesia‘s economic profile will improve significantly. โฃ”By the end of the year, getting 9,000 is not โtoo tough. Once they know thatโ 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 โin Jakarta.
Looking furtherโ ahead, Sadewa projected an even more substantial rise,โฃ forecasting the IHSGโ to reachโข 35,000 byโ 2035, โcontingent on โขthe โขcontinued success of โขcurrent โprograms. “As I said earlier, if I can maintain this, really expand itโ to 10โค years, 8 years from now, 2030, it willโค be different.โ It couldโ be 4 times, 5โค times from now, โฃfrom โ7 thousand. So peopleโ sayโข it’s above 35,000 or around there. Butโค we’ll see, โคif I don’t get fired, okay,”โ he added.
The Minister also viewedโ the current decline in theโ JCI asโฃ a favorable possibility for investors. “I think like โคthis, what you see is what the economic foundation will be like in the โขfuture. We โareโค seriously repairing the foundation. This willโ change the economic profile in the future. โฃIf investors know, there’s no need โto โbe afraid. Good time to buy,” Sadewa said.
Today’s trading saw a volume of 39.95 billion sharesโ traded, valued โขat IDR 27,964 trillion, across 2,676,483 transactions. Of the shares โคtraded, 116 strengthened,โ 598 weakened, and 94 remained stagnant. Theโข JCI opened at 8,132,reaching aโข high โof 8,140 and a low of 7,854 during the session.
(hns/hns)
