Jakarta. Jakarta Composite Index (JCI) kicked off Friday’s trade on a positive note, climbing 23 points or 0.28 percent to 8,207, as investors cheered signs of easing tensions between the United States and China following a breakthrough meeting between President Donald Trump and President Xi Jinping in Busan, South Korea.

The index moved within a range of 8,198 to 8,215 in early trade, with 1.8 billion shares changing hands, worth around Rp 1.4 trillion ($84.3 million), across 176,775 transactions. Market breadth showed 279 gainers, 196 losers, and 188 unchanged stocks.

The long-anticipated Trump–Xi talks produced a partial agreement aimed at stabilizing trade relations between the world’s two largest economies. The US agreed to cut tariffs on fentanyl-related imports to 10 percent from 20 percent, reducing total tariffs on Chinese goods to 47 percent from 57 percent, and to delay new restrictions on Chinese firms in the trade blacklist.

In return, China pledged to postpone rare earth export limits for one year. Trump is slated to visit China in April 2026, followed by Xi’s return visit to the US.

Despite the diplomatic breakthrough, US markets closed lower overnight as traders took profits from earlier record highs. The S&P 500 dropped 1 percent to 6,822.34, the Dow Jones Industrial Average slipped 109.88 points to 47,522.12, and the Nasdaq composite fell 1.6 percent to 23,581.14.

Asian markets opened mixed. Japan’s Nikkei rose 304 points (0.58 percent), South Korea’s Kospi briefly dipped before rebounding, while Hong Kong’s Hang Seng and Shanghai’s SSE each slipped 0.07 percent.

Meanwhile, the Indonesia Stock Exchange (IDX) lifted trading suspensions on Pudjiadi Prestige (PUDP) and Mora Telematika Indonesia (MORA), allowing both stocks to resume trading in the regular and cash markets starting from the first session on Friday.

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