Jakarta (ANTARA News) - The Indonesian Stock Exchange (BEI) opened trading here on Tuesday morning with share prices index rising led by export oriented stocks.

The BEI index rose 0.16 percent to 4,320.63 points with index of 45 most liquid stock up 0.24 percent to 748.41 points.

"The indexes of majority markets in Asia including BEI gained on improved data of US retail sales, which boosted export oriented companies," Samuel Sekuritas` analyst Sally Agustina said.

Sally said the US data was enough to offset negative sentiment brought about by China`s inflation in September.

The BEI index is expected to extend gain today driven by banking and consumer company stocks, she predicted.

Panin Sekuritas` analyst Purwoko Sartono said the pressure on regional index gradually receded after the announcement of China`s September`s export data which reached a three month high.

"Today BEI index is projected to gain at 4,280-4,328 points. The market movements will respond to the announcement of US retail sales and manufacturing data," Purwoko said.

Regional markets Hang Seng recorded an increase in index by 0.16 percent to 21,182.23 points, Nikkei-225 index up 0.84 percent to 8,649.79, and Straits Times up 0.39 percent to 3,054.97 points.(*)

Editor: Heru Purwanto
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