The index of the Indonesian Stock Exchange rose 21.03 points to 4,518.94 points with index of 45 most liquid stocks up 0.61 percent to 778.5 points.
The certainty of the Fed to raise its fund rate in December was one of the factors pushing up the BEI index,William Surya Wijaya, an analyst from Asjaya Indosurya Securities said.
William said the Fed planned to raise its fund rate by phases that the impact would not be too damaging to assets in risky market.
"Certainly there would be effects but the market players already anticipate," he said.
In addition, the market players are still optimistic that the countrys economy would improve in 2016, he said, adding the condition which is relatively stable encouraged investors to buy shares.
"The countrys economic data released earlier showed improvement. The condition also encourage foreign investors. Foreign investors still recorded a net sell though tending to decline," he said.
Foreign net sell was valued at Rp66.046 billion on Thursday.
There were 230,468 transactions on Thursday trade with 2.93 billion shares valued at Rp3.68 trillion changing hand.
Gainers outnumbered decliners by 167 to 123 shares with 82 shares remaining unchanged.
Regional markets such as Hang Seng , Nikkei and Straits Times recorded gain.
Editor: Suryanto
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