Indonesia’s IDX Composite rose 60 points, or 0.7%, to 8,946 in Tuesday morning trade, rebounding from the prior session’s weakness with broad-based advances led by basic materials, energy, and industry. Sentiment was lifted by Wall Street’s overnight gains, where the S&P 500 and Dow Jones set fresh record highs as traders looked past political noise over Fed independence. Domestically, President Prabowo Subianto outlined plans to revitalize the textile sector and develop automotive chip production, part of Indonesia’s industrial upgrading push. However, increases were tempered by the latest data showing total vehicle sales in Indonesia fell 6.8% yoy in 2025, reflecting market softness despite a strong December. Traders also cautiously anticipated key data from top trading partner China later this week, including December trade and Q4 GDP readings. Standout performers included Merdeka Copper Gold (6.2%), Sentul City (4.9%), Timah Tbk. (3.2%), and Alamtri Minerals Indonesia (2.3%).