Jakarta (Antara Bali) - The Jakarta composite index (JCI) opened 0.16 percent higher on Friday on positive global sentiment, analysts said.
The index of the Indonesian Stock Exchange (BEI) rose 8.29 points to 5,216.43 points in the first minutes of trading with index of 45 most liquid stocks gaining 0.23 percent to 888.84 points.
"Global sentiment is still dominant that there is possibility of JCI to rise higher," Panin Sekuritas' analyst Purwoko Sartono said.
Purwoko said the global sentiments include European Central Bank launching "Targeted Long Term Refinancing Operations" (TLTROs) would provide cheap loan of 400 billion euros (US$518 billion) and the China's central bank issuing a stimulus of US$81 billion aimed at boosting its economic growth .
"The two major decisions gave positive sentiments to the global stock markets to follow the increase in liquidity," he said.
Meanwhile, Governor of US Central Bank Janet Yellen said utilization of labor market was still low with inflation rate below target, he said.
Therefore, the plan of the Fed raise its interest rate could be delayed, he said.
Regional markets such as Hang Seng, Nikkei and Straits Times recorded gain in index.
Meanwhile, rupiah was flat at the level of 11,970 per US dollar in interbank transaction in the first minutes of trading on Friday. (WDY)
Jakarta Index Extend Gain On Friday
Jumat, 19 September 2014 10:39 WIB