3 November 2025, 06:32 Indonesia: Shares Kick Off November on a Strong Note.
Indonesia’s IDX Composite jumped 90 points, or 1.1%, to 8,254 on the first trading day of November, rebounding from losses in the prior session. Gains were broad-based, led by healthcare, utilities, and communication sectors. A modest rise in U.S. futures lifted sentiment, as traders monitored last week’s central bank meetings and the U.S.-China year-long trade truce. Meantime, the S&P Global Indonesia Manufacturing PMI increased to 51.2 in October from 50.4 in September, marking the third month of growth in factory activity on the back of stronger new orders and employment. Locally, Jakarta reinforced deficit discipline, ruling out burden-sharing with the central bank and tapping diversified funding, including the first Dim Sum bond worth CNY 6 billion. However, caution persisted ahead of key data later today, including September trade and October inflation figures. Early movers included Barito Renewable Energy (7.2%), Telkom Indonesia (4.4%), Petrosea (3.3%), and Astra Intl. (2.9%).
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