Jakarta Compositer Index Opens Slightly Higher

Jakarta (Antara) - The Jakarta composite index (JCI) opened slightly higher on Tuesday on technical factor, analysts said. The index of the Indonesian Stock Exchange (BEI) rose 4.26 points or 0.09 percent to 4,899.72 points with index of 45 most liquid stocks gaining 0.13 percent to 824.16 points. "Technical factor pushed up the JCI this morning after being under pressure the day before," Samuel Sekuritas' analyst Aiza said here on Tuesday. Aiza said some of the Asian markets which recorded gain such as Nikkei of Japan and Kospi of South Korea were among the driving factor. He said domestic mining and infrastructure stocks look like to be on the rise on Tuesday . Meanwhile Asjaya Indosurya Securities' analyst William Surya Wijaya said the fact that JCI is still in a long phase of consolidation and minimum domestic positive sentiment could drive the JCI to negative area . "There has been no sign of strong positive sentiment to push up the JCI especially as the rupiah remains weak," he said. Rupiah in inter-bank transaction fell in value to the level of 11,851 per US dollar in the first minute of trade on Tuesday from 11,819 earlier . (*)