Indonesia stocks higher at close of trade; IDX Composite Index up 2.00%

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• Down 27% in six months! This power stock could rally 36%, says ICICI Direct - Do you own? Check target price

  Power utility major CESC is advancing an aggressive transition toward 10 GW of renewable energy capacity, securing critical transmission access and extensive land for solar projects. Although brokerage ICICI Direct lowered its price target to ₹176, it retained a positive long-term stance due to steady core earnings. The projected rebound offers a potential turnaround path following prolonged market pressure on the company's valuation.

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• +22.8% MTD: As Nvidia sinks, insider buys lift this AI-picked semi +17% yesterday

  Strong executive confidence has fueled a rapid turnaround for an alternative chipmaker as internal leadership acquired additional shares. This targeted buying activity provided immediate positive momentum, contrasting sharply with the downward pressure currently weighing on major industry leaders. The move illustrates shifting short-term capital allocations within the broader chip hardware space.

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• FTSE 100 nears record high as UK reports robust Q3 growth

  London's benchmark stock index is approaching historic peak levels following the release of solid quarterly economic expansion data. The market rally reflects heightened investor confidence across British equities driven by strong performance figures recorded during the third quarter. This upward momentum reinforces positive sentiment surrounding corporate earnings and broader national financial health.

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