Jakarta (ANTARA News) - The Jakarta composite index extended gain closing higher on Thursday though slightly.

The index of the Indonesian Stock Exchange (BEI) closed 1.41 points or 0.03 percent higher at 4,418.76 points with index of 45 most liquid stocks down 0.10 percent to 741.76 points.

"The BEI index opened lower on the Fed trimming further its financial stimulus , but a reversal took place in the afternoon to close higher," PT Anugerah Sekurindo Indahs analyst Bertoni Rio said.

Bertoni said the reversal was triggered by big buying by a number of investors who were optimistic that domestic economic data to be announced next week, would be positive.

"The BEI index may continue to gain on Monday next week on expectation on positive data about inflation and trade balance," he said.

There were 196,458 transactions recorded in Thursday trade at BEI with 3.69 billion shares worth Rp4.86 trillion changing hands.

Regional markets such as Hang Seng recorded a 0.48 percent increase in index to 22,035.42 points with Nikkei index down 2.45 percent to 15,007.06 points and that of Straits Times falling 0.68 percent to 3,027.22 points.(*)

Editor: Heru Purwanto
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