The Indonesian benchmark stock index was 0.2 percent higher at 5,131.69 points with the index of 45 most liquid (LQ45) following with a 0.3 percent rise to 867.46.
Samuel Sekuritas` analyst Benedictus Agung said the gain recorded by rupiah on Friday`s morning gave positive sentiment that propped up the BEI index after Thursday`s fall.
"Increase was recorded mainly in the prices of stocks that fell on Thursday such as property and consumer stocks," Benedictus said.
He said technical factor also contributed to the increase in the BEI index to follow the rising regional trend.
Panin Sekuritas` analyst Purwoko Sartono predicted selling pressure on the domestic market is declining but correction is still potential.
He said domestic investors are still awaiting announcement about the plan to raise the prices of subsidized oil fuels.
The government is expected to announce the oil fuel price hike on June 1.
"The index is expected to move around 5,079-5,150 points in this week`s closing day trading," Purwoko said.
Regional markets Hang Seng recorded a 0.19 percent fall in index to 22,626.49 points with Nikkei-225 index rising 2.68 percent to 14,872.06 points and that of Straits Times down 1.77 percent to 3,393.17 points.(*)
Editor: Heru Purwanto
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