Jakarta Composite Index Closed Higher On Wednesday

Jakarta, Oct 1 (Antara) - The Jakarta composite index (JCI) closed 0.06 percent higher on stable economic data released earlier on Wednesday The index of the Indonesian Stock Exchange (BEI) rose 3.33 points to 5,140.91 points with index of 45 most liquid stocks down 0.26 percent to 870.81 points. Asjaya Indosurya Securities` analyst William Surya Wijaya said the economic data released by the Central Bureau of Statistics (BPS) reflected stability as expected by the market amid worry over the impact of increase in US interest rate. William said the country`s macro economic condition is not as bad as many feared. The condition would encourage foreign investors to stay in the country, he added. The potential of capital inflows to the country in the fourth quarter of this year could be seen soon," he said. BPS released data earlier in the day showing low inflation of 0.27 percent in September 2014 bringing the total inflation in the first nine months of the year to 3.71 percent with year-on-year inflation 4.53 percent in September. A deficit of US$318.1 million was recorded in the country`s foreign trade in August 2014. Trade at the BEI on Wednesday recorded 212,116 transactions with 4.06 billion shares worth Rp4.57 trillion changing hands. Gainers outnumbered decliners by 174 to 128 shares with 94 shares remaining flat. Regional markets such as Hang Seng, Nikkei and Straits Times recorded a decline in index.