30 October 2025, 12:34 Indonesia: Shares Pare Early Gains.
Indonesian stocks added 17 points or 0.2% to 8,179 on Thursday afternoon, up for the second session amid gains mainly from healthcare, producer manufacturing, and energy minerals. Sentiment was lifted by reports that China and the U.S. have agreed to extend their temporary trade truce for one year after a meeting between President Trump and Xi Jinping today in South Korea. Meanwhile, the Fed cut borrowing costs for the second time this year on Wednesday, in line with expectations. The move could revive capital inflows into Indonesian assets, as the interest rate differential remains favorable and investor risk appetite improves. However, gains were trimmed by signals from Fed Chair Powell that a December rate cut “is not a foregone conclusion”. Also, caution emerged ahead of China’s PMI data on Friday and Indonesia's upcoming trade and inflation figures. Some top movers included Gojek Tokopedia (7.1%), HM Sampoerna (6.1%), Siloam Intl. (3.8%), and Mitra Keluarga Karyasehat (2.3%).
© 1999-2026 Forex EuroClub
All rights reserved