The index of the Indonesian Stock Exchange (BEI) rose 16.23 points to 4,251.49 points with index of 45 most liquid stocks up 0.61 percent to 704.50 points, HD Capitals analyst Yuganur Wijanarko said here on Wednesday.
Yuganur Wijanarko said the BEI index gained but curbed by worries of the countrys economic slowdown.
"Investors were worried about the countrys macro economic condition and current account deficit," Yuganur said.
Trading at BEI on Wednesday recorded 127,242 transactions with 5.16 billion shares valued at Rp4.92 trillion changing hands.
Regional markets such as Hang Seng posted a 0.53 percent increase in index to 23,806.35 points with Nikkei-225 index falling 0.42 percent to 15,449.63 points and that of Straits Times down 0.05 percent to 3,172.06 points.
Meanwhile rupiah lost more value against the US dollar on pressure of expectation of the countrys current account deficit.
In inter-bank transaction rupiah traded at the level of 11.884 per US dollar or losing 119 points from Tuesday afternoons level of 11,765 .
Chief researcher of Monex Investindo Futures Ariston Tjendra said US dollar had continued to rally against rupiah on expectation the Fed would soon cut its financial stimulus.
Separately Finance Minister Chatib Basri said rupiah is heading for a new equilibrium or a normal position before the Fed announces its decision on financial stimulus. (*)
Editor: Heru Purwanto
Copyright © ANTARA 2013
