Jakarta Index Higher In Opening Trade

Jakarta (Antara Bali) - The Jakarta composite index (JCI) gained in the opening trade on Monday on positive sentiments internally and externally.

The index of the Indonesian Stock Exchange (BEI) rose 0.34 percent or 15.45 points to 4,523.90 points  with index of 45 most liquid stocks up 0.55 percent to 781.75 points.

"Positive signals domestically and internationally contributed to the rise in the JCI in the first day of the week,"  Vice President Research and Analysis of Valbury Asia Securities Nico Omer Jonckheere, said here on Monday.

Nico said the 7th economic policy package issued by the government last weekend on income tax cut is expected to continue to keep the JCI in positive area this week.

He said the U.S. central bank is expected to raise its fund rate soon  and the decision would be a positive trigger for the market.

Regional markets such as Hang Seng ,  Nikkei  and  Straits Times recorded an increase in index.  (WDY)