Jakarta (ANTARA News) - The Jakarta composite index closed 0.01 percent slightly higher at 4,201.22 points on Thursday.

The index of the Indonesian Stock Exchange (BEI) rose 0.63 points with index of 45 most liquid stocks down 0.05 percent to 698.65 points.

The decision of Bank Indonesia to maintain its benchmark interest rate (BI rate) at 7.5 percent had little impact on the market as it had been expected, Trust Securities analyst Yusuf Nugraha said.

The market is waiting for the final decision of the Fed on its massive financial stimulus, Yusuf said.

He said the Fed is expected to hold a meeting on the stimulus decision next week.

"The market players hope that the Fed would not change its decision of trimming only US$10 billion from its monthly bond buying program of US$80 billion," he said.

He said the market players also want to know the policy of Janet Yallen, the new governor of the Fed replacing Ben Bernanke by the end of this month.

There were 163,239 share transactions at the BEI on Thursday with 2.96 billion share worth Rp3.99 trillion changing hands .

Regional markets such as Hang Seng recorded a 0.91 percent fall in index to 22,787.33 points with Nikkei index down 1.50 percent to 16,880.33 points and that of Straits Times declining 0.20 percent to 3,144.20 points.

(SYS/H-ASG/H-YH)

Editor: Suryanto
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