Jakarta (ANTARA News) - The Jakarta composite index (JCI) closed 0.48 percent lower on Wednesday to follow the regional trend.

The index of the Indonesian Stock Exchange (BEI) fell 23.26 points to 4,838.98 points with index of 45 most liquid stocks down 0.56 percent to 815.34 points.

The BEI index was still in the process of consolidation, HD Capitals analyst Yuganur Wijanarko said here .

Yuganur said the condition gave an opportunity for investors to collect shares for short term .

Asjaya Indosurya Securities analyst William Surya Wijaya said positive sentiment is expected to come in early July when the countrys economic date, which are expected to show stability, are released.

Improvement is expected in the economic data including inflation and trade balance, that would bring about positive sentiment to the domestic market, he said.

Trade at BEI on Wednesday was recorded with 159,088 transactions and with 2.97 billion shares worth Rp3.25 trillion changing hands.

Decliners outnumbered gainers by 194 to 84 shares with 106 shares flat.

Regional markets such as Hang Seng and Nikkei recorded a decline in index but an increase was recorded by Straits Times.(*)

Editor: Heru Purwanto
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