Indonesia: Stocks Rise to 2-Week High, Eye Solid Weekly Gain.

Indonesian equities rose 39 points, or 0.8%, to 5,291 in early Friday trading, extending gains to a two-week high. Markets are on track for a strong weekly advance of around 5.3%, boosted by easing political uncertainty after Vice President Gibran Rakabuming resigned, with government officials reassuring investors that economic activity remains unaffected. Meanwhile, MSCI's November review removed Barito Pacific and Bumi Resources from its global index, leaving just seven Indonesian constituents, including the four major banks. Nearly all sectors moved higher, led by tech, property, energy, and financials. However, gains were tempered by caution ahead of next week's Bank Indonesia meeting, with policymakers facing a growing trade-off between rupiah stability and economic growth. Meanwhile, Wall Street ended lower overnight amid Nvidia’s leadership shakeup. Top performers included ESSA Industries (9.6%), Solusi Sinergi Digital (7.4%), Semen Indonesia (3.9%), and Telkom Indonesia (2.3%).