Indonesia’s IDX Composite rose 25 points, or 0.3%, to a new peak of 8,957 in early Wednesday trade, extending strength for a sixth straight session. Firmer U.S. futures supported the upside momentum after the S&P 500 and Dow closed at record highs overnight, as investors looked past geopolitical tensions in Venezuela and shifted focus to upcoming U.S. labor market data for clues on the Fed’s policy path. Sentiment was also lifted by signals from China’s central bank that rate cuts and reserve requirement reductions remain on the table to stabilize growth and ensure liquidity. Still, caution ahead of December CPI and PPI data from the mainland capped market strength. Locally, Indonesia faces softer export momentum while inflation pressures have resurfaced, driven by food costs and rising global gold prices. Gains were led by basic materials, energy, and industrials, with notable movers from Aneka Tambang (10.1%), Darma Henwa (3.7%), Rukun Raharja (3.0%), and Bumi Resources (2.2%).