The BEI index fell 0.25 percent to 5,072.23 points with index of 45 most liquid stocks (LQ45) down 0.38 percent to 849.62 points.
"The BEI index fell slightly but technical factor would bring back the index to a positive area," Samuel Sekuritas` analyst Yualdo Yudoprawiro predicted on Tuesday.
Yualdo said volatile rupiah and an increase in the yield of 10-year state bond would continue to give a negative sentiment to the domestic market.
However, the fact that the majority of Asian markets recorded gain on Tuesday morning would give a positive sentiment for the BEI index, he said.
At 09.15 local time the BEI index already climbed to a positive area gaining 16.62 points (0.33 percent to 5,101.76 points.
HD Capital`s analyst Yuganur Wijanarko predicted technically correction could continue, therefore, he recommended buying major shares like Adhi Karya (ADHI), Alam Sutera (ASRI), Telekomunikasi Indonesia (TLKM), and Energy Mega Persada (ENRG).
Regional markets such as Hang Seng recorded 0.01 percent rise in index to 22,689.40 points, Nikkei-225 posted an increase of 0.10 percent in index to 14,156.25 points and Straits Times` index rose 0.13 percent to 3,395.80 points.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2013
