The index of the Indonesian Stock Exchange (BEI) rose 45.22 points to 4,768.28 with index of 45 most liquid stocks up 1.04 percent to 799.51 points.
HD Capitals analyst Yuganur Wijanarko said rupiah strengthening signaled that foreign investors still continue to enter the domestic market pushing up the BEI index.
"It is up to expectation that foreign fund began to flow into the country anticipating the result of the legislative election next month," Yuganur said.
In Fridays trade foreign net buy reached Rp1.274 trillion, he added.
He said varying regional trend did not have much effect on the BEI index, predicting further gain in next weeks opening.
PT Asjaya Indosurya Securities analyst William Surya Wijaya said there was no significant pressure in the near future on the domestic market.
Trade at BEI on Friday was marked with 207,870 transaction with 3.94 shares worth Rp5.67 trillion changing hands
Gainers outnumbered decliners by 204 to 129 shares with 73 shares unchanged.
Regional markets such as Hang Seng recorded a 1.06 percent increase in index to 22,065.53, with Nikkei index up 0.50 percent to 14,696.03 and that of Straits Times gaining 0.31 percent to 3,172.17 points.
(SYS/H-ASG/A014)
Editor: Suryanto
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