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The BEI index swelled 104.21 points to reach 6,257.84 on Friday (January 8, 2021). (ANTARA FOTO/Muhammad Adimaja/hp)

The Jakarta Composite Index (IHSG) ended higher on Friday, aided by several positive global and domestic catalysts.

The index of the Indonesian Stock Exchange (BEI) swelled 104.21 points, or 1.69 percent, to reach 6,257.84, while the index of the 45 most liquid stocks (LQ45) rose 21.99 points, or 2.3 percent, to touch 979.31.

"The market highly lauded the US Congress' decision to endorse President-elect Joe Biden's victory. The market also lauded the data of Indonesia's foreign exchange reserves (in December, 2020), which rose US$135.9 billion from US$133.6 billion a month earlier," Bina Artha Sekuritas analyst M Nafan Aji Gusta said here  on Friday.

Shortly after opening higher, the IHSG remained in the green until the close of trade. Stocks in nine sectors rose, led by the miscellaneous industry, which increased 4.56 percent, followed by the infrastructure sector and the industrial sector, which climbed by 3.08 percent and 0.98 percent, respectively.A total of 1,706,675 transactions were recorded during the day, with 23.24 billion shares, worth Rp22.32 trillion, changing hands. Meanwhile, 258 shares rose, 239 shares fell, and 137 shares remained unchanged.

In the Asian regional markets, the Nikkei Index jumped 648.9 points, or 2.36 percent, to reach 28,139.03; the Hang Seng Index rose 329.7 points, or 1.2 percent, to 27,878.22; while the Straits Times Index climbed 82.73 points, or 2.85 percent, to reach 2,989.75//ANT