Jakarta (ANTARA News) - The Indonesian Stock Exchange (BERI) started trading this morning with the composite share price index rising slightly by 0.68 point on positive regional sentiment.

The BEI index rose 0.68 point or 0.01 percent to 4,812.30 points with the index of 45 most liquid stocks following with an increase of 0.02 percent to 828.14 points.

"The BEI index gained with positive regional sentiment," Samuel Sekuritas` analyst Yualdo Yudoprawiro said here on Monday.

Yualdo said Asian markets strengthened driven by a 1.5 percent rise recorded by the Japanese market to follow a statement by Japan`s central bank governor Haruhiko Kuroda pledging monetary stimulus to boost the Japanese economic growth.

Japan has recorded a deflation marking economic contraction.

Yualdo said this week BEI index is predicted to remain level after significant rise last week.

"The shares of property, telecommunications , infrastructure and banking companies are vulnerable to profit taking," he said.

Chief researcher of e-Trading Securities Betrand Raynaldi predicted the BEI index would grow early this week as indicated by a number of technical indicators signalling gain.

"BEI index is expected to hover around 4,750-4,850 points," he said.

Regional markets Hang Seng recorded a 0.53 percent fall in index to 22,759.70 points, Nikkei-225 posted an increase of 0.95 percent in index to 11,716.40 points and Straits Times lost 0.54 percent in index to 3,251.89 points.(*)

Editor: Heru Purwanto
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