REPUBLIKA.CO.ID, JAKARTA - The Jakarta Composite Index (JCI) slipped again 0.18 points in the opening trade on Friday to the level of 4,935.38 points.
The index of the 45 most liquid stocks fell 0.02 percent to 832.55 points. The index of the Indonesian Stock Exchange fell slightly with no significant positive sentiment to encourage share buying, chief researcher of Trust Securities Reza Priyambada said.
"However, the majority markets in Asia recorded gain. The regional trend is expected to encourage domestic investors to buy shares," Reza said.
Head of Research of Valbury Asia Securities Alfiansyah said the fairly large number of state officials including cabinet ministers, governors and regents had been on leave ahead of the presidential election , caused concern among the investors over possibility of ineffective government administration both in the center and regions.
"Political condition has brought about uncertainty," Alfiansyah said.
Regional markets such as Hang Seng gained 0.21 percent in index to 23,157.34, with Nikkei index up 2.17 percent to 14,346.20 and that of Straits Times up 0.43 percent to 3,292.91 points.