The BEI index rose 10.61 points or 0.2 percent to 5,225.59 points with the index of 45 most liquid stocks (LQ45) gained 0.30 percent to the level of 886.79 points.
"On Tuesday trading the BEI index would technically fluctuate but tended to increase," Sinarmas Sekuritas` analyst Tessa Mulia predicted .
He said domestic sentiments were also quite positive after the installation of the new finance minister and positive investment expectation.
"The domestic sentiment is positive especially with the discourse about the issuance of a new regulation to stimulate investment," he said.
He predicted that the BEI index would hover around 5,170-5,250 points on Tuesday.
Chief researcher of Trust Securities Reza Priyambada said the market reacted favorably to the installation of the finance minister Chatib Basri as he is considered independent being belonging to no political party.
Regional markets Hang Seng recorded a 0.23 percent fall in index to 23,438.28 points, with Nikkei-225 index down 0.05 percent to 15,352.75 points, and that of Straits Times weakening 0.35 percent to 3,441.99 points.(*)
Editor: Heru Purwanto
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