FX.co ★ Indonesia Equities Recover from Recent Dips

Indonesian stocks experienced a rise of 67 points, or 0.8%, reaching 8,603 in early trading on Monday. This marks the first advance in three sessions as traders resumed activity following the holiday, initiating the closing week of 2025 on a positive note after Wall Street's near-record highs last Friday. On the trade front, Indonesia and the United States have successfully addressed major points in their tariff agreement, with a resolution anticipated by late January. Reports indicate that the U.S. has agreed to exclude Indonesian palm oil, tea, and coffee from tariffs in return for access to vital minerals. However, this upward momentum was checked by disappointing economic figures from China, Indonesia's leading trading partner, where industrial profits for the January to November period remained lackluster. Despite this, Jakarta's stock market is poised for a 21% annual increase, driven by expectations of additional interest rate reductions by Bank Indonesia as inflation remains moderate, within the 1.5%-3.5% target range. Leading the gains were Amman Mineral Intl. with a 5.7% increase, followed by Petrindo Jaya Kreasi at 5.4%, Telkom Indonesia at 1.7%, and Hanjaya Mandala Sampurna at 1.4%.