Jakarta. Indonesia’s stock market opened 2026 on a confident note, with the Jakarta Composite Index (JCI) starting higher at the 8,600 level as Finance Minister Purbaya Yudhi Sadewa said the rally signaled rising investor optimism over Indonesia’s strengthening economic fundamentals.

Speaking after the opening ceremony at the Indonesia Stock Exchange on Friday, Purbaya said the early gains reflected growing confidence that the economy is on a firmer footing and poised for faster growth this year.

“I think this shows there is optimism in the market that conditions will improve,” he said. “From what I see, the economic fundamentals have started to improve, and this year should be even better.”

According to Purbaya, positive sentiment in the equity market has also been underpinned by stronger policy coordination between the government and Bank Indonesia, which he said should help accelerate economic growth compared with last year.

“Our policies are now in sync with Bank Indonesia, so the economy should grow faster. Market participants should be ready for that,” he said.

Purbaya also expressed confidence that the JCI could reach the 10,000 level by 2026, emphasizing that the target was underpinned by improving fundamentals and stronger earnings prospects for listed companies.

“The JCI target for this year is 10,000,” he said.

He added that faster economic growth, driven by closer fiscal and monetary coordination, would translate into higher corporate profitability.

“Previously, policies were only partially aligned. With better synchronization with the central bank and others, the economy should grow more quickly,” Purbaya said. “That will support earnings growth for listed companies as well. So for savvy investors, don’t miss out.”

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