Jusuf Hamka Prepares IDR 5 Trillion for Stock Investment, Indonesia Stock Exchange Responds Positively

Published 2026-10-20

Renowned businessman Jusuf Hamka and his business partners are reportedly preparing funds amounting to IDR 5 trillion to purchase stocks. This major move is being taken amidst the pressure currently facing the Composite Stock Price Index (IHSG).

The plan for such a large-scale investment has received a positive welcome from the Indonesia Stock Exchange (IDX). The exchange believes that the entry of fresh funds into the capital market could have a favorable impact on stability and investor confidence amidst current market fluctuations.

The presence of the consortium led by Jusuf Hamka is expected to provide positive sentiment for market participants. Many are monitoring this move due to the significant value of the investment being prepared, which is seen as a form of optimism regarding Indonesia's future economic prospects.

As of now, details regarding which stocks will be purchased by the consortium have not been officially announced. However, the Indonesian capital market continues to monitor the development of this plan with the hope that it will help strengthen the position of the IHSG, which is currently struggling against global economic pressure.

Overall, this investment plan has become a significant highlight for the business world in Indonesia. This step demonstrates that major investors still hold strong confidence in investing their capital in the domestic stock market, even though economic conditions remain challenging.

Sources: Hallo Indonesia

More Indonesia news

All Indonesia news · News by country