Jakarta (Antara Bali) - Technical factors had propped up Indonesia's benchmark stock index in the opening trade on Thursday with gain recorded by stocks with major stocks.
The index of the Indonesian Stock Exchange (BEI) opened 0.51 percent higher at 4,094.15 points with the index of 45 most liquid stocks rising 0.78 percent to 678.87 points.
"Major stocks like Telekomunikasi Indonesia (TLKM), Astra International (ASII), Unliver (UNVR), and Bank Negara Indonesia (BBNI), gained after experiencing a correction yesterday," Samuel Sekuritas' analyst Benedictus Agung said here on Thursday.
Rupiah fluctuation, which tends to be stable, and yield of 10-year state bond at 8.76 percent added to the positive sentiment in the stock market, Benedictus said.
"The market players, however, are still awaiting with worries US Congress endorsement on planned US military operation in Syria," he said.
HD Capital's analyst Yuganur Wijanarko said the pressure on the market in the day before provided an opportunity that was used by investors to buy shares.
Regional markets such as Hang Seng recorded a 0.82 percent increase in index to 22,509.70 points with Nikkei-225 index up 0.11 percent to 14,070.28 points and that of Straits Times gaining 0.91 percent to 3,043.38 points.
Meanwhile, the value of the country's currency rupiah, continued to be on the decline.
In interbank-transactions on Thursday, rupiah opened at Rp11,440 per US dollar losing more value from 11,405 per dollar earlier. (*/DWA)
COPYRIGHT © ANTARA News Bali 2013
The index of the Indonesian Stock Exchange (BEI) opened 0.51 percent higher at 4,094.15 points with the index of 45 most liquid stocks rising 0.78 percent to 678.87 points.
"Major stocks like Telekomunikasi Indonesia (TLKM), Astra International (ASII), Unliver (UNVR), and Bank Negara Indonesia (BBNI), gained after experiencing a correction yesterday," Samuel Sekuritas' analyst Benedictus Agung said here on Thursday.
Rupiah fluctuation, which tends to be stable, and yield of 10-year state bond at 8.76 percent added to the positive sentiment in the stock market, Benedictus said.
"The market players, however, are still awaiting with worries US Congress endorsement on planned US military operation in Syria," he said.
HD Capital's analyst Yuganur Wijanarko said the pressure on the market in the day before provided an opportunity that was used by investors to buy shares.
Regional markets such as Hang Seng recorded a 0.82 percent increase in index to 22,509.70 points with Nikkei-225 index up 0.11 percent to 14,070.28 points and that of Straits Times gaining 0.91 percent to 3,043.38 points.
Meanwhile, the value of the country's currency rupiah, continued to be on the decline.
In interbank-transactions on Thursday, rupiah opened at Rp11,440 per US dollar losing more value from 11,405 per dollar earlier. (*/DWA)
Editor : Dewa Sudiarta Wiguna
COPYRIGHT © ANTARA News Bali 2013