Indonesia Stocks Extend Strength to Hit Fresh High
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Indonesia's IDX Composite rose 0.3% to a new high of 8,726, driven by gains in communications, industrial services, and consumer durables. The rise follows Wall Street's rally after the U.S. Fed's rate cut. However, caution remains due to upcoming Bank Indonesia policy meeting and inflation risks from natural disasters. Early gainers include Alamtri Minerals, VKTR Teknologi, Timah, and Allo Bank.
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