Jakarta (ANTARA News) - Indonesia`s benchmark stock index extended gain on Wednesday on improved Indonesian economic data.

The index of the Indonesian Stock Exchange (BEI) closed 0.96 percent higher at 4,387.60 points with index of 45 most liquid stocks gaining 1.49 percent to 732.95 points.

Securities company, Panin Sekuritas, said report of trade surplus in August and deflation in September still had positive sentiment.

External factors such as higher than expected increase in the US manufacturing index in September also contributed to the rise in the BEI index, it said .

Meanwhile regional indexes including BEI index were still shadowed by possible failure in reaching agreement on the US debt ceiling this month.

The US government wants an increase in the debt ceiling to allow it to seek more debts to finance government bills but the Congress opposes the use of debt.

The US government may not be able to repay its debt that failure to raise the debt ceiling could result in downgrading of US debt rating .

Trading on Wednesday at BEI had 130,632 transactions with 3.180 billion shares valued at Rp3.232 trillion changing hands.

Gainers outpace decliners by 148 to 115 with 98 shares flat.

Regional markets such as Shanghai recorded a 0.55 percent increase in index to 2,984.48 points with Nikkei-225 index down 2.17 percent to 14,170.49 points and that of Straits Times falling 0.89 percent to 3,153.33 points.

(SYS/H-ASG/A014)

Editor: Suryanto
Copyright © ANTARA 2013