Equities in Indonesia rose 64 points, or 0.9%, to 7,555 around noon on Thursday, gaining for a second straight session and supported primarily by heavyweight stocks.
The IDX Composite hit its highest level since October 31, 2024, breaking above the 7,500 mark, tracking an upbeat session on Wall Street overnight following US-EU trade agreements.
The deals also raised hopes for detailed trade agreements between the US and China—Indonesia's top trading partner.
Nearly all sectors traded in the green, with the financial sector leading the gains, soaring 3.3%. Among the top performers were Sinar Mas Multiartha (+20%), MSIG Life (+11.4%), Bank Syariah Indonesia (+4.4%), BRI (+3.2%), and Bank Mandiri (+2.9%).
Source: Trading economi
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