Jakarta (Antara Bali) - Indonesian share extended gain when the Indonesian Stock Exchange (BEI) opened on Friday morning on positive external sentiments.
The composite share price index of the BEI rose 0.3 percent to 4,284.08 points with index of 45 most liquid stocks gaining 0.30 percent to 739.58 points.
Milenium Danatama Sekuritas' analyst Abidin said more than expected improvement of US employment data shored up global markets including BEI.
Positive sentiment also came from the European Central Bank (ECB) which announced it was ready to buy bonds from secondary market, Abidin said.
He said the BEI index could still go up to as high as 4,300 points to reach the level of resistance.
Panin Sekuritas' analyst Purwoko Sartono said positive sentiment from the United States was strong more than enough to offset negative sentiment from China, which reported poorer economic data.(IGT)
COPYRIGHT © ANTARA News Bali 2012
The composite share price index of the BEI rose 0.3 percent to 4,284.08 points with index of 45 most liquid stocks gaining 0.30 percent to 739.58 points.
Milenium Danatama Sekuritas' analyst Abidin said more than expected improvement of US employment data shored up global markets including BEI.
Positive sentiment also came from the European Central Bank (ECB) which announced it was ready to buy bonds from secondary market, Abidin said.
He said the BEI index could still go up to as high as 4,300 points to reach the level of resistance.
Panin Sekuritas' analyst Purwoko Sartono said positive sentiment from the United States was strong more than enough to offset negative sentiment from China, which reported poorer economic data.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012