Indonesia Equities Rise After 2-Day Losses
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The IDX Composite rose 28 points (0.3%) to 8,392, ending a two-day decline, supported by a modest rise in U.S. futures and positive news from China regarding infrastructure investments. Indonesia's retail sales increased for the fifth month in a row, aided by government measures. However, investor caution persisted ahead of U.S. inflation data and ongoing foreign outflows. Key sectors like communications and industrial services saw gains, with Jhonlin Agro Raya leading at +12.9%.
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