Jakarta (ANTARA News) - The Jakarta composite index opened lower on Tuesday on negative external factors, analysts said.

The index of the Indonesian Stock Exchange (BEI) fell 50.98 points or 1q.16 percent to 4,335.28 points with index of 45 most liquid stock down 1.82 percent to 720.83 points.

Chief researcher of Trust Securities Reza Priyambada said negative external sentiments brought about by the Fed trimming its financial stimulus, Chinese economic slowdown, and falling shares in global markets heaped pressure on the domestic market.

"For the market players, the falling share prices gave an interesting entry , but they should remain watchful of possible further weakening," he said.

A team of technical analysts from Mandiri Sekuritas said the positive data of the countrys trade surplus was not enough to offset the negative external sentiments from the regional and US markets. .

"The trade surplus of US$1.52 billion could not lift rupiah and the BEI index," it said.

Regional markets such as Hang Seng recorded a 2.03 percent fall in index to 21,589.05, with Nikkei index down 2.58 percent to 14,243.20 points and that of Straits Times down 1 percent to 3,961.23 points.(*)

Editor: Heru Purwanto
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