Jakarta (Antara Bali) - The Jakarta composite index (JCI) gained opening 13.02 percent higher on Wednesday on domestic sentiment.
The market saw as positive the the country;'s export and import data announced by the Central Bureau of Statistic on Tuesday.
The country recorded a rising trend in exports in August rising to US$12.7 billion from US$11.38 billion in the previous month.
Imports in August rose 21.69 percent to US$12.27 billion from US$10.08 billion in July .
The index of the Indonesian Stock Exchange rose 0.3 percent to 4,360.18 points with the index of 45 most liquid stocks up 0.34 percent to 735.95 points.
"The export-import data of Indonesia were positive enough to give signal of economic improvement, encouraging investors to buy shares," chief researcher of Universal Broker Satrio Utomo said.
Meanwhile, uncertainty still surrounds the plan of the US central bank to raise its interest rate.
Chief researcher of NH Korindo Securities Indonesia Reza Priyambada said the majority of markets in the world recorded gain encouraging investors in the country to buy shares.
Many investors believed that the Fed would not likely raise its interest rate in the near future with the economy of that country not yet fully recovering, he said.
Regional markets such as Hang Seng, Nikkei and Straits Times gained in index. (WDY)
COPYRIGHT © ANTARA News Bali 2015
The market saw as positive the the country;'s export and import data announced by the Central Bureau of Statistic on Tuesday.
The country recorded a rising trend in exports in August rising to US$12.7 billion from US$11.38 billion in the previous month.
Imports in August rose 21.69 percent to US$12.27 billion from US$10.08 billion in July .
The index of the Indonesian Stock Exchange rose 0.3 percent to 4,360.18 points with the index of 45 most liquid stocks up 0.34 percent to 735.95 points.
"The export-import data of Indonesia were positive enough to give signal of economic improvement, encouraging investors to buy shares," chief researcher of Universal Broker Satrio Utomo said.
Meanwhile, uncertainty still surrounds the plan of the US central bank to raise its interest rate.
Chief researcher of NH Korindo Securities Indonesia Reza Priyambada said the majority of markets in the world recorded gain encouraging investors in the country to buy shares.
Many investors believed that the Fed would not likely raise its interest rate in the near future with the economy of that country not yet fully recovering, he said.
Regional markets such as Hang Seng, Nikkei and Straits Times gained in index. (WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2015