The index of the Indonesian Stock Exchange (BEI) rose 25.86 points to 4,971.95 points with index of 45 most liquid stocks gaining 0.49 percent to 842.08 points.
Trade was quite and transactions were fewer with market players awaiting the monetary policy of Bank Indonesia to be released on Thursday, chief researcher of Trust Securities Reza Priyambada said.
Reza said the market players believed the central bank would still maintain its benchmark interest rate at 7.5 percent.
Meanwhile foreign investors bought more than selling shares driven the JCI higher and resulting in foreign net buy of Rp65.108 billion.
HD Capitals analyst Yuganur Wijanarko predicted that the JCI would hover around 4,866-5,020 points on Thursday.
There were 193,972 transactions with 2.84 billion shares valued at Rp3.80 trillion changing hands in Wednesday trade.
Gainers outnumbered decliners by 170 to 114 shares with 98 shares flat.
Regional markets such as Hang Seng and Strait Time suffered a setback with Nikkei gaining. (*)
Editor: Heru Purwanto
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