The index of the Indonesian Stock Exchange closed 26.10 points or 0.58 percent higher at 4,496.29 points with the index of 45 most liquid stock up 0.55 percent to 756.28 points.
"The coming of new positive sentiment in better than expected trade surplus recorded by China triggered a surge in the majority of Asian markets including BEI index," PT Anugerah Securindo Indahs analyst Bertoni Rio said.
In addition, a statement by the Feds new governor Janet Yellen saying it would maintain low interest policy helped ease the market psychologically, he said.
Domestically the Indonesian economic condition is considered fairly favorable and most investors believed that Bank Indonesia would still maintain its relatively high benchmark interest rate at 7.5 percent.
"Positive domestic and external sentiments pushed the global market to a positive area," Bertoni said.
Bertoni predicted the BEI index would move as high to the level of 4,500 points on Thursday with consumer, infrastructure and base industry stocks expected to rise.
Trade at the BEI on Wednesday recorded 214,869 transactions with 4.9 billion shares worth Rp5.82 trillion changing hands.
Regional markets such as Hang Seng posted a 1.47 percent increase in index to 22,285.79 points with Nikkei index up 0.56 percent to 14,800.06 points and that of Straits Times gaining 0.21 percent to 3,035.45 points.(*)
Editor: Heru Purwanto
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