Jakarta (ANTARA News) - The Jakarta composite index (JCI) closed higher on Monday despite profit taking by foreign investors.

The index of the Indonesian Stock Exchange (BEI) rose 11.39 point or 0.22 percent to 5,178.37 points with index of 45 most liquid stock up 0.22 percent to 892.81.

"The BEI index extended gain in the first day of this week nearing the level of 5,200 points close to 5.200 points,"chief researcher of Woori Korindo Securities Indonesia Reza Priyambada said.

Reza said there is still room for the index to climb higher on Tuesday the last trading day this year.

There was foreign net sell of Rp83.88 billion on Tuesday.

Trade on Tuesday recorded 175,938 transactions with 3.24 billion worth Rp3.03 trillion changing hands.

Gainers outnumbered decliners by 156 to 139 shares with 102 share flat.

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

Editor: Heru Purwanto
Copyright © ANTARA 2014