Indonesia’s IDX Composite rose 33 points or 0.5% to 7,106 in early Wednesday trade, snapping a seven-session losing streak and rebounding from a near three-week low. Bargain hunting lifted sentiment, while a notable rise in U.S. stock futures added support ahead of the Federal Reserve’s rate decision later today. Locally, news said the government had scrapped the Free Nutritious Meal program on Saturdays to save roughly IDR 1 trillion daily, easing fiscal pressures. However, gains were tempered by caution before key domestic releases later this week, including April CPI and March trade data. Meanwhile, Indonesia’s state logistics agency reportedly warned of limited supply for subsidized cooking oil, due to a lack of fresh supply from producers. Sector performance was broadly positive, led by non-cyclicals, industrials, and financials. Notable movers included Gojek Tokopedia (5.7%), Indo Tambangraya Megah (2.6%), Astra International (2.1%), and Adaro Andalan Indonesia (1.8%).