Jakarta (ANTARA) - The Jakarta composite index (IHSG) closed higher on Tuesday, along with the prospect of peace talks between the United States and China.

The index of the Indonesian Stock Exchange (BEI) rose 23.46 points or 0.36 percent to 6,476.607 points. The index of 45 most liquid stocks was up 3.52 points or 0.35 percent to 1,019.71 points.

"The IHSG strengthened due to the subsiding trade war sentiment. The IHSG was consolidated within the range of 6,400 to 6,500," Panin Sekuritas analyst William Hartanto said in Jakarta.

The IHSG remained in the positive zone throughout Tuesday since it opened higher earlier in the day.

The IHSG closed with foreign investors buying Rp226.48 billion in shares.

Trade frequency was recorded with 395,344 transactions and 21.78 billion shares worth Rp8.45 trillion changing hands.

There were 185 gainers as against 206 decliners and 141 shares unchanged.

Regional markets such as Nikkei tumbled 3.72 points, or 0.02 percent, to 21,505.31; Hang Seng rose 62.65 points, or 0.21 percent, to 29,624.67; and Straits Times increased 29,27 points, or 0.9 percent, to 3,279.78.

Translator: Citro Atmoko, Suharto
Editor: Gusti Nur Cahya Aryani
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