Jakarta (ANTARA News) - The Jakarta Composite Index (JCI) of the Indonesian Stock Exchange (BEI) closed 0.57 percent higher on Monday.

The JCI rose 18.18 points to 4,912.09 points after significant pressure last weekend, analysts said.

Meanwhile, the index of 45 most liquid stocks up 0.55 percent to 829.08 points.

The market players began to collect domestic share resulting an increase in the JCI, Asjaya Indosurya Securities analyst William Surya Wijaya said.

William said continued inflows of foreign fund to the domestic market helped push up the JCI.

He said foreign investors recorded Rp835.48 billion in foreign net buy in the trade on Monday.

Further increase of the JCI was curbed by rupiah depreciation and the countrys trade deficit in April.

The Central Bureau of Statistics (BPS) said the country suffered a trade deficit of US$1.96 billion in April as against a surplus of US$673.2 million in March.

There are 207,821 transactions in the trade on Monday with 3.1 billion shares worth Rp4.46 trillion changing hands.

Gainers were outnumbered by decliners by 124 to 208 with 76 shares flat.

Regional markets such as Hang Seng gained 0.31 percent in index to 23,081.65 points with Nikkei index up 2.07 percent to 14,935.92 points and that of Straits Times up 0.19 percent to 3,302.24 points.(*)

Editor: Heru Purwanto
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