Here’s a comprehensive analysis of IHSG (IDX Composite) across your requested dimensions:


1. 🏦 Ownership & Foreign Participation

👉 Interpretation: Foreign capital remains wary—global uncertainty, downgraded ratings, and policy risks are prompting continued exits.


2. Margin Earnings (Profitability Metrics)

👉 Interpretation: Earnings are subdued, especially in banking, but credit quality and solvency remain intact.


3. Solvency & Financial Stability

👉 Interpretation: Structural liquidity risks are manageable; overt solvency issues are not present.


4. News & Policy Developments


5. Market Rumours & Sentiment

🗣️ Reddit Perspectives:

“Trump, Elon, BTC… Ripples from US stock market” – foreign outflow linked to global volatility reddit.com
“dari btc, aapl, yen… foreign outflow lumayan gede… bobot MSCI di‑downgrade” reddit.com+7reddit.com+7reddit.com+7
“Afraid that IDR and stocks especially BUMN will plummet due to mismanagement and unchecked corruption… rumors of SMI replaced by Pres' nephew.” reddit.com
“Ini administrasj prabowo… bursa asia lain pada ijo semua… gk akan naik kecuali program makan gratis diubah skemanya” reddit.com


🔍 Summary & Outlook

FactorInsight
OwnershipBig foreign sell-off; local investors have yet to fully cushion the drop.
EarningsROE weak; bank earnings under pressure, though asset quality is stable.
SolvencyNo liquidity crunch; OJK and BI interventions helping stability.
News & PolicyMarket shook by Danantara delay, RUU TNI, tariff worries; govt responded with high-level meetings.
SentimentLingering anxiety from rumors on governance, SOE shakeups, political instability.

Bottom line: IHSG is under cyclical pressure, not structural default. The decline is driven by foreign withdrawals, risk-off sentiment, and policy uncertainties—not solvency collapse. Banking fundamentals remain reasonably sound.


✅ What to Watch (Next 1–3 Months)

  1. Foreign investment flows: signs of return or resumed outflows.

  2. Clarity on Danantara & MBG execution.

  3. Global catalyst shifts: US Fed minutes, trade policy, MSCI/FTSE rebalancing.

  4. Domestic political signals: cabinet stability, military bill changes, SOE governance.


Need deeper dive on any point (e.g., Danantara structure, key bank metrics, MSCI weighting)? Just let me know!