Bisnis.com, JAKARTA – The follow-up meeting between the Indonesia Stock Exchange (IDX) and Morgan Stanley Capital International (MSCI) is widely viewed as a constructive signal for global investor sentiment toward Indonesia’s equity market over the medium term.

Head of Equity Research at BRI Danareksa Sekuritas Erindra Krisnawan said the structural reforms introduced in the wake of MSCI’s decision to freeze Indonesia’s classification last month have begun to underpin the domestic stock market.

Bisnis.com, JAKARTA — The Ramadan to Eid period has long served as a prime window for the retail and consumer sectors to capitalize on surging demand, as household consumption typically accelerates beyond normal levels.

Against this background, listed consumer-sector companies are expected to maintain a positive outlook through 2026. The convergence of rising national minimum wages and a more expansionary fiscal policy stance is widely viewed as a key driver of sustained purchasing power.

Bisnis.com, JAKARTA — BlackRock Inc., the world’s largest asset manager, aggressively accumulated shares affiliated with Prajogo Pangestu throughout January 2026, even as the Jakarta Composite Index (JCI) suffered massive sell-offs last week.

The benchmark index closed 4.88% lower at 7,922.73 on Monday (2/2/2026), bringing its year-to-date (YtD) decline to 8.38%. The slump also weighed on stocks linked to Indonesia’s wealthiest conglomerate, Prajogo Pangestu, several of which fall into the large-cap category.

Bisnis.com, JAKARTA — Indonesia’s top conlomerates, Prajogo Pangestu andLo Kheng Hong, were reportedly accumulating stocks amid heightened volatility in Jakarta Composite Index (JCI) this week.

Indonesia’s wealthiest individual, Prajogo Pangestu, carried out aggressive buying over the past two trading sessions.

Bisnis.com, JAKARTA — Anthoni Salim sits firmly as one of Indonesia’s heavyweight individual investors, continuing to hold substantial stakes across several listed companies as of December 2025.

The businessman, ranked as Indonesia’s fifth-richest individual in 2025 according to Forbes, maintains ownership exceeding 5% in PT DCI Indonesia Tbk. (DCII), PT Indoritel Makmur Internasional Tbk. (DNET), and PT Elang Mahkota Teknologi Tbk. (EMTK).

Bisnis.com, JAKARTA—Over the past two months, Indonesia’s capital market has seen a major wave of share buybacks from large-cap companies, with a total value exceeding IDR10.4 trillion, making it one of the most active buyback periods since the pandemic.

From PT Bank Central Asia Tbk. (BBCA), PT Bukalapak.com Tbk. (BUKA), to PT Harum Energy Tbk. (HRUM), a series of major firms appear to be moving in unison with a strategy that many analysts describe as both a “signal of confidence” and a “defensive maneuver amid market pressure.” This trend has drawn market attention, unfolding amid a somewhat paradoxical backdrop of a volatile yet buoyant IDX Composite index (IHSG).