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Afternoon Index Stronger 2.98 Percent

Jakarta (ANTARA) - Composite Stock Price Index of the Indonesia Stock Exchange rose Monday as the strengthening of regional exchanges so that the BEI index was in positive areas.

Composite Stock Price Index (CSPI) rose 80.910 points, or closed down 2.98 percent to 2794.83, while the LQ45 index also closed up 18.137 points, or 3.45 percent to 543.720 position.

Analyst Research and Nico Omer Jonckheere Valbury Securities in Jakarta, Monday said that foreign investor confidence began to recover. along with the reversal of the direction of Asian bourses into the positive zone. Re-entry of foreign funds amounting to Rp463, 553 billion.

However, JCI is still in position `` oversold short term. "Non-technical factors of the global market sentiment is still determining the index moving forward," he said.

Volume of stock transactions as much as 3.141 billion shares with a value of Rp2, 375 trillion of transactions 72 630 times. Shares rose as much as 175 and dominate the market than the types which declined 32 species, while 30 stocks did not experience price movements.

At the regional stock exchange, stock indices in Hong Kong the Hang Seng fell 2.73 points to level 17 763, the Straits Times gained 71.08 points to 2766 levels, the Nikkei 225 rose 46.27 points to 9809 levels.