Jakarta (ANTARA News) - The Jakarta composite index JCI shots up 77.69 points or 1.54 percent to close at 5,113.34 points on Thursday on year-end window dressing, analysts said.

The index of 45 most liquid stocks followed surging 1.92 percent to 881.37 points .

After deep slump over the past several days, the index of the Indonesian Stock Exchange (BEI) gained on year-end window dressing," Asjaya Indosurya Securities analysts William Suryawijaya said.

In addition foreign capital inflows is still strong to the country, Williamn said, adding around Rp40 trillion worth of foreign capital flowed into the country in the whole of this year.

He said there was no cause for much concern about the countrys economic condition.

"High expectation placed by investors in the present government constitutes a key," he said.

Trade on Thursday was brisk with 325.854 transactions and 6.38 billion shares worth Rp4.77 trillion changing hand.

Gainers outnumbered decliners by 214 to 112 with 90 shares remaining unchanged.

Regional markets such as Hang Seng, Nikkei and Straits Times recorded an increase in indices. (*)

Editor: Heru Purwanto
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