Wall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed the impact of Donald Trump's presidential election win and efforts to prop up China's economy.

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.

Pilarmas Investindo Sekuritas noted that the IDX Composite closing 1.90 percent down on Thursday at 7,243.86 was due to negative market perception following Trump's reelection on Tuesday.

Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.

US stock futures and the dollar pushed higher in Asia on Wednesday as early results from the US presidential election suggested the race remained too close to call, leaving investors jumping at shadows.

The IDX Composite index closed 0.17 percent higher at 7,491.93 on Tuesday, driven by gains in energy and consumer sectors, despite early losses and signs of slowing economic growth.

The dollar slipped in Asia on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields.

Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion.

The IDX Composite index closed down 0.91 percent at 7,505.26 on Friday, influenced by a new series of economic data, including inflation and manufacturing trends.

The Bank of Japan maintained ultra-low interest rates on Thursday and signaled the need to scrutinize global economic developments, highlighting its focus on risks to a fragile domestic recovery in deciding when to next tighten policy.

Thai authorities announced on Oct. 24 that laboratory tests had found high levels of pesticide residue in 23 of 24 samples of the grapes collected in Bangkok and its surroundings.  

The government plans to import 1 million tonnes of rice in early 2025 to meet demand amid a projected decline in domestic production this year.

Investors are selling yen and taking shelter in cash, India, pockets of China's markets and Singapore dollars ahead of a US election that could shake out global money and trade flows.

The IDX Composite index dropped 0.78 percent to 7,634.63 on Monday, as global tensions and sectoral declines weighed on the market.  

Oil prices tumbled Monday with markets relieved that Israel's strikes on Iran had avoided the country's energy infrastructure while the yen fell to a three-month low after Japan's ruling party suffered an election drubbing.

The IDX Composite index dropped by 0.28 percent to 7,694.66 on Friday, as the technology sector led declines and investors remained cautious about policy signals.

IDX Composite fell by 0.91 percent on Thursday, weighed down by external factors, including rising US bond yields.

Taiwan Semiconductor Manufacturing Company is the world's largest contract manufacturer of chips used in everything from Apple iPhones to Nvidia's cutting-edge artificial intelligence hardware.

Gold prices hit record highs on Wednesday, defying the dollar's rise, which kept pressure on the yen and the euro, while global stocks edged lower on investors' reluctance to place major bets ahead of the US election in two weeks.

Asian equities diverged Wednesday after another unremarkable day on Wall Street, where rising bond yields and comments from Federal Reserve officials dampened expectations for US interest rate cuts.

The IDX Composite index rose for the eighth consecutive day on Tuesday, closing 16.38 points higher at 7,788.9.

Several recent polls have shown the possibility of the ruling coalition losing its majority in parliament, which could cost premier Shigeru Ishiba his job or force his Liberal Democratic Party (LDP) to look for an additional coalition partner to stay in power.

Asian stocks turned lower and the dollar stood by multi-month peaks on Tuesday as a sharp sell-off in bonds and a jump in gold suggested investors are hunkering down ahead of the US election.

Indonesia’s stock market outperformed most of the region on the day after President Prabowo Subianto assumed office and unveiled a cabinet that signals a high degree of continuity in economic policies.

The IDX Composite index gained 0.16 percent to close at 7,772.60 on Monday, after dipping earlier in the morning following President Prabowo Subianto’s inauguration on Sunday.

The Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday, as part of government plans to foster innovation.

The IDX Composite gained 25.02 points, or 0.32 percent, on Friday, marking its sixth consecutive day of growth. Most sectors strengthened, particularly property and consumer goods, driven by external sentiment.

As the Indonesian bourse looks at a lowly figure of 34 IPOs over th first nine months of the year, it expressed hope that more SOEs might go public in 2025, pointing to Inalum and PTPN III as potential listings.

The IDX Composite surged by 1.13 percent to close at 7,735 on Thursday, with speculation over Sri Mulyani’s cabinet role boosting market confidence.

The expected decline in output comes after last year’s harvests already yielded significantly less than the preceding year’s.