Jakarta (Antara Bali) - The Jakarta composite index extended gain opening 0.4 percent higher on Thursday on positive domestic and international sentiments, analysts said.
The index of the Indonesian Stock Exchange (BEI) rose 19.77 points to 4,999.87 points with index of 45 most liquid stocks up0.58 percent to 860.60 points.
"Ahead of long Islamic Idul Fitri holidays positive sentiment still prevails on the BEI that the index continued on the rise," chief researcher of Universal Broker Indonesia Satrio Utomo said here.
Satrio said one factor keeping the index on the rises is foreign capital inflow to the domestic market. Foreign investors bought more shares after the approval by the House of Representatives of tax amnesty bill.
In addition, the condition is favorable in the regional market with oil price hike and negative sentiment brought about by Britain quitting the European Union has died away, he said.
Regional markets such as Hang Seng, Nikkei and Straits Times all recorded gain. (WDY)
COPYRIGHT © ANTARA News Bali 2016
The index of the Indonesian Stock Exchange (BEI) rose 19.77 points to 4,999.87 points with index of 45 most liquid stocks up0.58 percent to 860.60 points.
"Ahead of long Islamic Idul Fitri holidays positive sentiment still prevails on the BEI that the index continued on the rise," chief researcher of Universal Broker Indonesia Satrio Utomo said here.
Satrio said one factor keeping the index on the rises is foreign capital inflow to the domestic market. Foreign investors bought more shares after the approval by the House of Representatives of tax amnesty bill.
In addition, the condition is favorable in the regional market with oil price hike and negative sentiment brought about by Britain quitting the European Union has died away, he said.
Regional markets such as Hang Seng, Nikkei and Straits Times all recorded gain. (WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2016