October 18, 2025 | 11:54 am
TEMPO.CO, Jakarta - Indonesian Finance Minister Purbaya Yudhi Sadewa said market fluctuations, both upward and downward, are essential for investors to make profits.
“If the index keeps going up, investors actually lose because they can’t trade. The same goes if it is flat or keeps falling. The ideal condition is when the market moves in between, so they can make profits,” said Purbaya at the Ministry of Finance office in Jakarta on Friday, October 17, 2025.
His statement was in response to the decline of IDX Composite, which dropped below the 8,000 level, precisely down by 209.10 points or 2.57 percent to 7,915.66 in Friday's afternoon trading.
Despite the decline, Sadewa noted that the market’s movement pattern remains relatively stable, typically trending upward for about two weeks before declining in the following two weeks and rebounding afterward.
He considered this pattern normal, pointing out that brokers also benefit from the market’s volatility. He also believed that the recent market euphoria was driven by investors’ confidence in him.
Therefore, Purbaya believed that the focus must be on sustaining improvements in Indonesia's economic fundamentals. Market confidence will return when the government demonstrates its commitment to improving the national economy.
“When the economy performs well, companies grow, profitability rises, and their stock values increase as well,” he stated.
On Friday afternoon, the IDX Composite closed lower following the decline of stock exchanges in the Asian region. It opened higher, moved into negative territory, and stayed in the red zone until the close of trading session.
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