Indonesian President Prabowo delivered a speech, and the Indonesian stock market rose to its intraday high.

Indonesian President Prabowo Subianto discussed combating illegal mining and the execution efficiency of the government's core free meal program in his state of the nation address, which led to a rise in the Indonesian stock market. The Jakarta Composite Index initially dropped by 0.6%, but at one point surged by as much as 0.7%. The materials and energy sectors led the gains. Shares of state-owned tin mining company PT Timah rose by as much as 4%.