JAKARTA – Ministry of Finance, Sri Mulyani Indrawati, commence the first trading session of the year at Indonesia Stock Exchange (IDX), standing in for President Prabowo Subianto.

In her remarks, Indrawati sent Subianto’s regards to the entire market actors. “We all pray that this new year will bring forth improvement, peace, as well as safety and progress for Indonesia,” she added.

Furthermore, Indrawati also said that the President hopes that this new year will boost optimism of market players in order to maintain Indonesia’s economic ecosystem as a whole.

“So we can continue to grow stronger, more resilient, and further ensure prosperous people fairly amidst highly dynamic and unpredictable global economy,” added Indrawati.

Year 2024, the Minister admitted, was a challenging year for Jakarta Stock Price Composite Index (JCI). The pressure stemmed from many factors, ranging from elections in Indonesia to the US.

“No wonder, Mr. Mahendra (Financial Services Authority) also reported that JCI hit its lowest point in 2024,” added Indrawati.

Until now, the transaction data of the stock exchange for the full year 2024 has yet to be released. However, based on IDNFinancials data, JCI was closed 0.62% stronger at 7,079.90 last Monday (30/12). (KR/ZH)