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^JKSE
5,344.41IDR
4.48%Unusual daily moves, matched to the news published around them.
Indonesian shares rose 4.48% on Friday, with headlines describing a broad rally that pushed the Jakarta Composite to 5,344 and left it up 5.82% for the week. According to Reuters, the gain came amid a rebound in stocks dropped from the MSCI index, continued foreign net buying and a change in how the index is calculated under the HSC effect. The headlines describe a general market advance rather than a single company or earnings trigger.
Likely catalyst