There are Positive Signals from Foreign Investors, Danantara Rosan Roeslani's Boss Pede Stock Market Rebound Tomorrow

JAKARTA - Danantara Indonesia CEO Rosan Roeslani is optimistic that the domestic stock market will open stronger on Monday, February 2, 2026. This confidence is driven by the positive signals he received directly from global investors in recent days.

Rosan, who is also the Minister of Investment and Industrialization/Head of BKPM, said that intensive communication with foreign investors showed a positive response to the policy direction and capital market reforms that the government is preparing.

"I believe that the market will also receive a positive response because I have also spoken in the last two days with foreign investors. Their response is also understanding, understanding and they give a positive signal because of some of the reforms that will be carried out," said Rosan when met at the Indonesia Stock Exchange (IDX) Office, Jakarta, Sunday, February 1.

According to Rosan, one of the policies that received appreciation from global investors was the plan to increase the free float share portion to 15 percent. This policy is considered a step to strengthen the liquidity and attractiveness of the national capital market.

However, Rosan revealed that there were follow-up inputs from foreign investors regarding the aspect of openness of share ownership. Currently, investor disclosure obligations still apply to share ownership above 5 percent.

"They want that if now the investor needs to open it if it is above 5 percent. Well they say that if it can be reduced not only at the 5 percent limit because I see in some countries like India 1 percent, others 2 percent, 1 percent, well they want it to be reduced," he said.

Rosan assessed that lowering the threshold for openness of share ownership to a range of 1 to 2 percent would increase market transparency while reducing the space for stock price manipulation practices.

The input, continued Rosan, has also been conveyed to the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX) for further study. He believes that if these steps are realized, foreign investors' confidence in the Indonesian capital market will be stronger.

"If it is carried out, they will be more confident with our market, but with the actions we have taken in the last few days, they have also responded very positively. So, God willing, I believe that on Monday and the following day our market will rebound and run well," said Rosan.

Previously, the government accelerated structural reforms of the capital market after developments related to MSCI and the assessment of other global institutions triggered turmoil on the exchange. Coordinating Minister for the Economy Airlangga Hartarto emphasized that Indonesia's economic fundamentals remain strong and fiscal-monetary coordination is going well.

"Indonesia's fundamentals remain strong economically. Fiscal and monetary coordination is going well," said Airlangga when giving an explanation to reporters at the Indonesia Stock Exchange (IDX), Friday, January 30.

The first step is to accelerate the demutualization of the IDX, namely a change in the structure of the exchange so that it is no longer owned by exchange members.

The goal is to reduce conflicts of interest between board members and exchange members and prevent unhealthy market practices. The stages have been regulated in the P2SK Law (Law on the Development and Strengthening of the Financial Sector).

Airlangga also emphasized that OJK and BI would increase the free float - the portion of shares that are actually in circulation in the public - from 7.5 percent to 15 percent.

"Compare Malaysia 25 percent, Hong Kong 25 percent, Japan 25 percent, Thailand 15 percent, Singapore 10 percent, the Philippines 10 percent, the UK 10 percent. We take a relatively more open figure," he said.

According to Airlangga, the increase in free float actually attracts investment. "If the free float goes up, investment will come in. Liquidity increases," he said.