The index of the Indonesian Stock Exchange (BEI) rose 38.73 points higher to 5,458.97 with index of 45 most liquid stocks up 0.92 percent to 940.76.
"The data of the countrys economic growth still was the main sentiment in trade in the first trading day of this week," chief researcher of the Universal Broker Indonesia, Satrio Utomo, said here on Monday.
The Central Bureau of Statistics (BPS) reported the countrys economy grew 5.18 percent in the second quarter of 2016 bringing the growth rate to 5.04 percent in the first quarter of this year.
The growth rate in the second quarter of this year was higher than targets of 4.9-5 percent.
Satrio said regional market also recorded a positive growth prompting investors including foreign investors to take a buying position.
Based on BEI trade data on Monday, there was a foreign net buy of Rp688.75 billion.
Altogether there were 296,550 transaction with 8.62 billion share sold valued at Rp8.13 trillion.
Gainers outnumbered decliners by 189 to 152 shares with 96 shares stagnant.
Regional markets such as Hang Seng, Nikkei and Straits Times recorded an increase in index.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2016
