IHSG increased by 15.22 points, or 0.22 percent, to reach 4,328.66 points and the LQ45 rose 3.89 points, or 0.53 percent, to 743.54 points.
"The Dow Jones Index closed overnight on a positive note, which boosted sentiments in the regional stock markets, including the Indonesian stock market," Universal Broker analyst Satrio Utomo said here on Tuesday.
"I hope the positive sentiment from Dow Jones Index neutralizes the bearish signals from IHSG," he continued.
"Dow Jones index rose because the United States will not face a fiscal cliff as previously feared," Utomo pointed out.
"However, the rising Dow Jones Index alone will not be able to eliminate the ongoing mid-term bearish sentiments," he stated.
Utomo stated that the BEI index could rise to 4,400 points if IHSG remained within the range of 4,350-4,365 points.
"However, overall, the regional stock markets are seeing a decline. Therefore, traders must stay careful before taking speculative positions," he noted.
Hang Seng rose 190.01 points, or 1.89 percent, to 21,452.07 points. The Nikkei-225 index increased by 9.86 points, or 0.11 percent, to 9,163.06 points. The Strait Times rose 12.96 points, or 0.44 percent, to 2.963 points.(*)
Editor: Heru Purwanto
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