Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) opened higher Tuesday by 7.41 points as the potential gains in the metal mining sector .
BEI index opened up 7.41 points , or 0.15 percent, to 4872.29 . While the index of 45 leading shares ( LQ45 ) rose 1.93 points ( 0.23 percent ) to a level of 824.94 .
" BEI Index opened higher this morning , the metal mining sector has the potential to continue the gains due to the strengthening of world metal prices , " said analyst Samuel Securities Tiesha Narandha daughter on Tuesday .
He added that the majority of Asian markets were also in the positive area adds impetus for domestic investors to enter the stock market .
" The majority of Asian stocks moved higher gain market sentiment from the U.S. last night that the release of retail sales in March rose higher than expected , " he said .
Nevertheless , he added , profit taking may still occur in some of the sectors that gained significant share in early trading last week ( 14/4 ) as construction and property .
Meanwhile , Team Technical Analyst Mandiri Securities said in its study that the market appreciates the announcement of five candidates for the vice presidential candidate of the party's presidential candidate winner of the election .
" The certainty nearby coalition also minimize political risk , and provide positive sentiment for the JCI movement , " he said .
According to the Independent Technical Securities Analysts , JCI will still move with a tendency to strengthen and move in the range of 4827-4885 points .
Regional exchanges , including the Hang Seng index fell 99.94 points ( 0.43 percent) to 22938.86 , the Nikkei rose 98.83 points ( 0.71 percent ) to a level of 14008.97 and Straits Times gained 26.38 points ( 0.82 percent ) to 3241.35 position .
The rupiah traded among banks in Jakarta on Tuesday morning moved higher by 21 points to Rp11.417 than ever in a position Rp11.438 per U.S. dollar .
" Market participants take advantage of the low rate of the rupiah currency in the last few days after one of them gets the negative sentiment of political sentiment in the country , " said the Head of Research of the Trust Securities , Reza Priyambada on Tuesday .
According to him , the money market in domestic assets back into riskier currencies , though still quite low in volume .
On the other hand , he added , Indonesia's economic fundamentals are still positive after the government continues to show its efforts in maintaining the momentum of economic recovery in the country .
" Rupiah currency still got the sentiment of Indonesia's trade balance surplus and inflation are still awake , " he said .
Nevertheless , he continued, the strengthening of the rupiah is still limited because most of the money market is still anticipating a political factor in the country .
" Market participants still taking cautious steps towards riskier assets , in this week forecast the rupiah is still quite stable , " he said .
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