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Danantara Buys Equities After Selloff

Indonesian sovereign wealth fund Danantara has purchased attractive shares following a recent market selloff triggered by an MSCI warning. Chief investment officer Pandu Sjahrir stated the fund aims to capitalize on strong fundamentals.

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The logo of Indonesia's sovereign wealth fund Danantara is displayed in front of its headquarters in Jakarta, Indonesia, June 11, 2026. REUTERS/Ajeng Dinar Ulfiana

Indonesia's sovereign wealth fund Danantara bought equities during the market rout, Chief Investment Officer Pandu Sjahrir said on Thursday morning. The share purchases follow a massive selloff triggered by a warning from MSCI Inc.. The intervention aims to capitalize on discounted valuations among state-controlled firms with solid fundamentals.
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