Jakarta (ANTARA News) - The Jakarta composite index closed slightly higher on Friday with foreign investors continuing buying shares, analysts said.

The index of the Indonesian Stock Exchange (BEI) rose 4.57 points or 0.09 percent to 5,149.88 points but the index of 45 most liquid stocks slid 0.50 point or 0.06 percent to 886.33.

"A positive sentiment propping up the BEI index came from foreign investors buying more than selling shares," Asjaya Indosurya Securities analyst William Suryawijaya said.

A foreign net buy of Rp28.755 billion was recorded in the Fridays trade, William noted.

He said the Indonesian economic data to be announced by the Central Bureau of Statistics is expected to give further push to the JCI to a higher level.

"The economic data are expected to improve after the government raised the subsidized oil fuel prices," he said.

The trade on Friday also recorded 194,415 transactions with 5.632 billion shares valued at Rp3.945 trillion changing hands.

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

Editor: Heru Purwanto
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