13 November 2025, 06:10  Indonesia: Stocks Subdued.

Shares in Indonesia were little changed on Thursday morning, trading around 8,389 after modest gains in the prior session, with strength in communications and industrial services offsetting weakness in producer manufacturing and retail trade. Rotation into blue-chip and non-cyclical names continued, helped by foreign inflows, despite softness in energy and mining counters. Investors also monitored developments in the U.S., where Bloomberg News said that the House approved a spending bill to end a government closure, now heading to President Trump, who plans to sign it later today. Looking ahead, top trading partner China will release October data on retail sales, industrial output, and the jobless rate on Friday, while locally, Bank Indonesia will hold a monetary policy meeting next week. Early gainers included Mitra Keluarga Karya Sehat (2.8%), Bank Panin (2.0%), and Perusahaan Gas Negara (1.4%), while Surya Citra Media (-2.7%), Timah Tbk. (-1.7%), and Mitra Adiperkasa (-1.5%) lagged.

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