Indonesian equities jumped 86 points, or 1.5%, to 5,988 in early Thursday trade, marking a third consecutive session of gains as U.S. futures were mainly higher following Wall Street’s overnight slump on heightened Middle East tensions and faster May inflation. Locally, sentiment was buoyed after the government scrapped its planned mining profit-sharing scheme and eased coal and nickel output quotas to stabilise industry. Separately, Finance Minister Purbaya Yudhi unveiled nine fiscal measures to cushion global uncertainty. Broad sectoral strength was led by property, infrastructure, and industrials, though momentum was tempered by softer consumer confidence in May and a sharp rise in non-subsidized fuel prices, reflecting higher import costs amid elevated crude and a weaker rupiah. Notable movers included Indosat (6.3%), Sarana Menara Nusantara (4.8%), Medco Energi (4.6%), Bank Negara Indonesia (4.3%), and Astra International (3.8%).