Jakarta. Indonesia Stock Exchange (IDX)'s benchmark index opened higher on Monday, gaining 44.15 points or 0.54 percent to 8,208.03 in the first session.

The index moved in the range of 8,201–8,227, extending last week’s upbeat momentum.

By the opening minutes, 799.1 million shares had changed hands, with a total transaction value of Rp 722.49 billion ($43.40 million) and 82,564 trades recorded. Market breadth leaned positive, with 306 stocks advancing, 151 declining, and 206 remaining flat.

Investors are keeping an eye on upcoming domestic data releases, including October’s inflation and trade balance reports, which could influence short-term market direction.

Global cues were largely positive heading into the week. On Friday, Wall Street ended both the week and the month on a winning note, led by Amazon’s 9.6 percent jump after the company’s quarterly profit surpassed analysts’ expectations.

The S&P 500 rose 0.3 percent to 6,840.20, marking its sixth consecutive monthly gain, its longest streak since 2021. The Dow Jones Industrial Average edged up 0.1 percent to 47,562.87, while the Nasdaq composite climbed 0.6 percent to 23,724.96.

In Asia, South Korea’s Kospi gained 0.38 percent, Hong Kong’s Hang Seng advanced 0.35 percent, and Shanghai’s SSE slipped slightly by 0.017 percent.

Japan’s market was closed for Culture Day.

Meanwhile, the IDX lifted the trading suspension of furniture retailer, Imago Mulia Persada (LFLO), allowing the stock to resume trading on both the regular and cash markets starting Monday’s first session.

Add as a preferred source on Google +