"The JCI gained slightly to follow the regional trend and rupiah strengthening this morning," Samuel Sekuritas analyst Aiza said here on Thursday.
The index of the Indonesian Stock Exchange (BEI) rose 8.10 points to 4,895.96 points with the index of 45 most liquid stocks up 0.26 percent to 826.97 points.
Rupiah regained some of its losses in value against the US dollar opening at the level of 11,933 per dollar from earlier level of 11,996 per dollar.
Aiza said the majority of markets in Asia posted an increase in index on positive sentiment from the US central bank (the Fed) which said that the US economy was in right track with improved labor market.
In addition, a statement by the Chinese Prime Minister which said that economic growth target could be achieved, boosting the market players in the country and prompted share buying.
"The BEI index would continue to consolidate in anticipation of the presidential election on July 9," Aiza said.
Regional markets such as Hang Seng and Nikkei recorded an increase in index but the Straits Times weakened. (*)
Editor: Heru Purwanto
Copyright © ANTARA 2014
