The index of the Indonesian Stock Exchange rose 0.27 percent to 4,883.49 points with the index of 45 most liquid stocks up 0.42 percent to 826.54.
"Foreign market players are still entering the market indicating that JCI is still on the rise," Asjaya Indosurya Securities analyst William Surya wijaya said.
Technically , the JCI still has the potentials to climb higher to reach the level of 4,903 points, William said.
"In todays trading , JCI is expected to hover around 4,852-4,933 points, he predicted.
Regional markets such as Hang Seng gained 0.75 percent in index to 22,841.43 points with Nikkei index up 2.16 percent to 14,299.63 and that of Straits Times rising 0.28 percent to 3,255.26 points.
Meanwhile, the value of the countrys currency rupiah fell against the US dollar in inter-bank transaction in the early trade on Wednesday.
Rupiah traded at the level of 11,431 per dollar weakening slightly from the earlier level of 11,427.(*)
Editor: Heru Purwanto
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