Jakarta (Antara Bali) - The Jakarta composite index (JCI) opened lower on Wednesday  to follow the trend  in the global markets.

The index of the Indonesian Stock Exchange (BEI) fell 24.6 points  or 0.45 percent to 5,438.32 points with the index of 45 most liquid stocks down 0.65 percent to 943.17.

 "Further rise of JCI was curbed by worries over the impact of falling oil prices  and Greek financial instability and aid negotiations," Head of Research of Valbury Asia Securities Alfiansyah said.

He said the market players are awaiting results of a meeting between Greece and the European Commission, the European Central Bank  and the International Monetary Fund (IMF).

Senior analyst  from LBP Enterprise Lucky Bayu Purnomo said the government should back up its statement that things are still under control by maintaining price stability to give positive signal. Lucky Bayu Purnomo said Bank Indonesia should further cut its benchmark interest rate (BI rate) to boost domestic economic expansion.

Regional markets such as  Hang Seng  and  Straits Times recorded a decline in indices  but Nikkei recorded gain. (WDY)



: I Gusti Bagus Widyantara

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