REPUBLIKA.CO.ID, JAKARTA -- The Jakarta composite index (JCI) closed higher on Tuesday up 13.99 points or 0.27 percent to 5,166.09 points to follow the regional trend.
The index of 45 most liquid stocks rose 0.41 percent to 890.90 points, analyst said.
Asjaya Indosurya Securities' analyst William Suryawijaya said the majority of regional markets recorded gain on a strong 7.3 percent growth of the gross domestic product of the world's second largest economy, China, in the last quarter of 2014.
"The Chinese data has significant effect on the global stock markets," William said.
The world oil price that rose to US$50 per barrels also gave a positive sentiment to shares of mining companies in the world including Indonesia.
Meanwhile, political and economic condition in the country is quite conducive contributing to strengthening the BEI index.
Technically the BEI has passed through the phase of consolidation closing trade with index above the level of 5,151 points, indicating that BEI still has sufficient potential to gain more to cross the level of 5,200 points shortly.
There were 231,096 transactions recorded at the BEI on Tuesday with 4.74 billion shares valued at Rp5.31 trillion changing hands.
Decliners outnumbered gainers by 179 to 114 shares with 111 shares remaining flat.
Regionbal markets such as Hang Seng , Nikkei and Straits Times recorded gain in indices.
Ikuti Whatsapp Channel Republika
