Purbaya's Style of Talking the Stock Exchange is Falling: Just a Shock for a Moment

JAKARTA - Finance Minister Purbaya Yudhi Sadewa responded casually about the Composite Stock Price Index (JCI) which weakened.

This was conveyed by Minister of Finance Purbaya at the Presidential Palace Complex, Jakarta, Wednesday, January 28. Purbaya said there was an influence from the announcement of Morgan Stanley Capital International (MSCI), a research company that provides global stock market indices and data.

According to Purbaya, the excessive market reaction was the reason for the decline in the JCI. The Minister of Finance Purbaya also said that he had spoken to the Chairman of the Board of Commissioners of the Financial Services Authority (OJK). Purbaya said, if the JCI will recover before May 2026.