The index of the Indonesian Stock Exchange (BEI) rose 17.45 points with index of 45 most liquid stocks up 0.48 percent to 915.35 points.
"Oil prices that began to pick up was one of the factors propping up the global market including BEI," Head of Research of Valbury Asia Securities Alfiansyah said.
Greece began negotiations with the International Monetary Fund (IMF) on plan to replace that countrys foreign debt with state bonds reducing earlier fear of default, Alfiansyah said.
Domestic sentiment is that Indonesian economy growth is expected to be better this year, he said.
The government has set economic growth target at 5.7 percent this year and the government has said it is optimistic to meet the target.
"The optimism is based on the governments plan to speed up implementation of transport projects, increase in tax revenues and simplification of licensing procedure to attract investment," he said.
Regional markets such as Hang Seng recorded a decline in index, but Nikkei and Straits Times gained .(*)
Editor: Heru Purwanto
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