6 November 2025, 06:37 Indonesia: Shares Inch Higher.
Indonesia’s IDX Composite added 10 points, or 0.1%, to 8,330 on Thursday morning, attempting to hold onto gains after briefly hitting a session high, supported by broad-based sector strength. Sentiment was lifted by a rebound on Wall Street overnight, as upbeat U.S. private payrolls data eased worries over lofty AI stock valuations. Locally, Q3 GDP growth of 5.04% yoy underscored Indonesia’s economic resilience despite softer consumption and investment, aided by a recovery in government spending and narrower imports. The jobless rate remained elevated at 4.85% in Q3, equivalent to about 7.46 million people. Meanwhile, state-owned banks reportedly face higher lending obligations following a recent IDR 200 trillion liquidity injection. Traders now anticipate key economic releases from major trading partner China, including October trade and inflation data. Early movers included Impack Pratama Industri (6.5%), Petrosea (6.3%), Siloam Intl. (3.8%), and Global Digital Niaga (3.4%).
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