Jakarta. Indonesia’s benchmark stock index climbed to a new all-time high on Friday, lifted by strong domestic sentiment despite declines across major Asian bourses.

Jakarta Composite Index (JCI) rose 57 points, or 0.69 percent, to close at 8,394, marking a new record high. The index moved in the green throughout the session within a range of 8,332–8,398.

Market data showed a trading volume of 26.1 billion shares, with a turnover of Rp 15.66 trillion ($938.18 million) and more than 2 million transactions. There were 288 gainers, 319 losers, and 202 unchanged stocks.

Across the region, shares retreated after Wall Street ended lower overnight, weighed down by losses in major technology names. Japan’s Nikkei 225 fell 1.1 percent to 50,276.37, while Hong Kong’s Hang Seng slipped 1 percent to 26,209.16. The Shanghai Composite dropped 0.3 percent to 3,997.56, South Korea’s Kospi lost 1.8 percent to 3,953.76, and Taiwan’s Taiex declined 0.9 percent.

China reported that its exports contracted 1.1 percent in October, with shipments to the United States plunging 25 percent from a year earlier. Economists, however, expect a rebound following last week’s agreement between US President Donald Trump and Chinese President Xi Jinping to ease trade tensions.

On Wall Street, the S&P 500 dropped 1.1 percent to 6,720.32, the Dow Jones Industrial Average fell 0.8 percent to 46,912.30, and the Nasdaq tumbled 1.9 percent to 23,053.99. Heavyweights like Nvidia (-3.7 percent), Microsoft (-2 percent), and Amazon (-2.9 percent) dragged the indices lower.

Meanwhile, Tesla shares fluctuated after CEO Elon Musk won a shareholder vote granting him a potential $1 trillion stock award if performance targets are met over the next decade. The stock, already up 80 percent in the past year, closed at $445.91 after rebounding in after-hours trading.

Market analysts noted that US corporate earnings remained a key focus amid a government shutdown that has delayed key economic data, including employment and inflation figures.

Back in Indonesia, top gainers for the day included Puri Sentul Permai (KDTN) up 26.58 percent, Radana Bhaskara Finance (HDFA) up 26.14 percent, Chemstar Indonesia (CHEM) up 26.04 percent, and Gowa Makassar Tourism Development (GMTD) rising 25 percent.

On the losers’ list, Terang Dunia Indonesia Internusa (UNTD) fell 14.16 percent, Dafam Property Indonesia (DFAM) lost 12.09 percent, Integra Indocabinet (WOOD) dropped 11.29 percent, and Golden Eagle Energy (SMMT) shed 10 percent.

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