The index of the Indonesian Stock Exchange (BEI) closed 5.95 points or 0.11 percent higher with index of 45 most liquid stocks up 0.26 percent to 926.28 points.
"External sentiment is still the driving factor for the BEI index to a new peak," senior analyst of LBP Enterprise Lucky Bayu Purnomo said.
He said circulation of foreign exchange reserves in Asia especially in Japan keeps the share market liquidity high pushing up the BEI index.
In addition, G-20 plans to hold a meeting on developing countries economy, which is expected to grow further this year.
It is also expected that the European manufacturing is expected to grow with data to be released this week.
Meanwhile, listed companies will soon publish their financial reports for last years performance and the data are expected to be positive.
Trade on Monday was recorded with 202,024 transactions and 4.4 billion shares valued at Rp4.74 trillion changing hands.
Gainers slightly outnumbered decliner by 144 to 143 shares with 113 shares remaining Flat.
Regional market such as Hang Seng and Straits Times recorded a decline in indices and Nikkei gained.(*)
Editor: Heru Purwanto
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