The index of the Indonesian Stock Exchange (BEI) fell 26.12 points or 0.51 percent to 5,139.28 points with index of 45 most liquid stocks down 0.74 percent to 883.48.
Head of Research of Valbury Asia Securities Alfiansyah said the JCI fall was on negative regional sentiment with a number of major Asian market suffering a correction in the morning trade on Thursday.
"The domestic sentiment is positive but not enough to offset the impact of the shrinking global market indices," Alfiasyah said.
The governments statement to maintain a 5.8 percent growth target for the economy in 2015 showed the governments optimism that serves positively to the domestic market.
The government is set to rely on development of infrastructure to boost manufacturing industry and attract investment to meet the target, he added.
Meanwhile, the market players are awaiting the result of the meeting of the central bank leaders mainly on its benchmark interest rate.
The prediction that the inflation in December would exceeded 2 percent and weakening rupiah against the US dollar might keep the JCI in a negative territory.
Regional markets such as Hang Seng , Nikkei and Straits Times recorded a decline in indices.
(Uu.H-ASG/O001)
Editor: Priyambodo RH
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