The Indonesia stock market continues its upward trend, reaching a record high just below 8,860 points. Positive global forecasts are expected to boost Asian markets, with oil companies leading the way. On Monday, the Jakarta Composite Index surged 1.27 percent, driven by gains in food and resource companies. The Dow also saw gains, with Chevron’s stock soaring 5.1 percent after a U.S. attack on Venezuela. Crude oil prices rose on OPEC’s decision to halt production increases. The Institute for Supply Management reported a decrease in U.S. manufacturing activity in December.
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