Jakarta Index Closes Higher On Friday

Jakarta, Feb 7 (Antara) - The Jakarta composite index closed higher on Friday boosted by report of improved U.S. economic data. The index of the Indonesian Stock Exchange (BEI) rose 41.96 points or 0.94 percent to 4,466.67 points with index of 45 most liquid stock up 1.1 percent to 751.05 points. PT Anugerah Securindo Indah`s analyst Bertoni Rio said the U.S. stock market was on a rising trend on improved labor data of that country. "The U.S. data signaled progress toward global economic recovery sending positive sentiment to the regional markets including BEI," he said. He predicted the BEI index would hover around 4,445-4,510 points in the opening trade next week, but he warned of a hit by profit taking. HD Capital`s analyst Yuganur Wijanarko also warned of a reversal when investors suddenly decided to sell for profit Trading on Friday at BRI was marked with 272,431 transactions and 4.67 billion shares worth Rp5.90 trillion changing hands. Regional markets such as Hang Seng closed 1 percent higher in index to 21,636.85 points with Nikkei index up 2.17 percent to 14,462.41 points and that of Straits Times gaining 0.83 percent to 3,013.14 points.