The composite index of the Indonesia Stock Exchange (IDX) surged 2.6% to its new high at 5,792 on Friday (May 19), while peers gained less than 1% each in the region. This also the biggest daily gain for quite sometime lifted by investment grade status from Standard and Poor’s (S&P). The rating agency raised Indonesia’s sovereign ratings to BBB-/A-3 on reduced fiscal risks with stable outlook.To subscribe please click here