Stocks in Indonesia increased 87 points, or 1.2%, to 7,374 in morning trade on Friday, extending gains for the ninth straight session. The rally tracked overnight gains on Wall Street, fueled by strong corporate earnings and solid economic data. The IDX Composite hit its highest level since mid-December 2024 and surpassed the 7,300 mark for the first time, supported by continued foreign inflows. Investor sentiment remained buoyant following Wednesday’s central bank decision to cut interest rates, as well as recent trade agreements with the US over the weekend. Additionally, gains in newly listed IPO stocks contributed to the market's positive tone. Most sectors traded in the green, with technology services and utilities leading the advance. Among the top early gainers were DCI Indonesia (up 20%), Telkom Indonesia (up 4.6%), Barito Renewables Energy (up 3.2%), and BRI (up 1.0%).