FX.co ★ Indonesia Shares Hit Record High to Kick Off the Week

Indonesia's IDX Composite climbed by 34 points, marking a 0.4% increase, reaching a new all-time high of 8,781 during early trading on Monday. This surge extended its rally to a fourth consecutive session, driven by robust performance in logistics, basic materials, and energy stocks. Despite the weekend’s U.S. military intervention in Venezuela, which led to the capture of President Nicolas Maduro, investors remained largely focused on crucial domestic data expected later in the day, such as December's inflation figures and November's trade statistics. Meanwhile, market sentiment was buoyed by confidence in Indonesia’s economic resilience in 2025, maintaining financial stability amidst geopolitical tensions and climate-related challenges. This stood in contrast to developments in China, Indonesia's largest trading partner, where services sector growth slowed to its weakest pace in six months as of December. Notable early gainers included mid-sized companies like Sinergi Inti Andalan Prima, which rose by 25%, Bumi Resources by 11%, Darma Henwa by 3.3%, and Buana Lintas Lautan by 3.0%.