Financial Consultant Demands OJK Transparency on Weakening Stock Index

Financial consultant Elvi Diana has called on the Financial Services Authority (OJK) and the government to offer more transparent explanations regarding the factors contributing to the weakening of the Indonesian Stock Exchange Composite Index (IHSG). Diana believes that clear and detailed information is crucial for maintaining investor confidence during the current market pressures.

Diana emphasized that the regulator's explanations about the combination of domestic and global factors affecting the market need to be more specific and easily understandable for the public. She highlighted the importance of open communication from the government and regulators about economic conditions, fiscal and monetary policies, and global geopolitical developments that influence market performance.

According to Diana, more measurable information can help preserve investor trust and reduce market uncertainty. She also recommended that the government develop policies aimed at supporting financial market stability and strengthening the investment climate. Prompt and well-measured responses, she argued, would help restore market participants' optimism about the national economic outlook.

Furthermore, Diana suggested that Commission XI of the House of Representatives (DPR RI) should continue to monitor the policies and actions taken by the government and regulators in response to capital market dynamics. She underscored that investor confidence is a vital asset for financial market stability, impacting not only the capital market but also the overall national economy.