Insider Stories - Indonesia's benchmark stock index, the Jakarta Composite Index increased 53.088 points, or 1.24 percent, to 4,327.265 points at the closing of the first trading day in 2014 on Thursday.
The increase was the highest in nearly one month and wiped out the entire loss last year, when the JCI declined 1 percent from the previous year.
All the sectoral index increases except for agriculture and mining stock index, which are still under pressure from the global economic uncertainties.
The volume of trading on Thursday was 3.28 billion shares that are worth Rp 3.34 trillion. The frequency of trading was 112,071 times.
There were 166 stocks that gained and 91 decliners. As many as 230 stocks were unchanged.
Foreign investors, which accounted for 30 percent of the total trading by value, posted a net buying of Rp 319.1 billion.
An index that tracks movements of 60 basic industry stocks led the sectoral increase with 2.25 percent increase on Thursday, followed by an index that traces 37 consumer goods stocks (+2.21 percent).
Stock indices for mining and agriculture stocks declined by 0.71 percent and 0.06 percent respectively.

Movers
On its website, the Indonesia Stock Exchange, listed the top 10 daily movers, with the stocks of FMCG giant Unilever Indonesia, which increased 3.1 percent, moved the JCI by 6.6 points.
Unilever stocks, traded under the code of UNVR, posted a market capitalization of Rp 204 trillion on Thursday.
Astra International stocks (ASII) were in the second place in the top daily movers. Its 2.2 percent gain lifted the broader index by 6.6 point. ASII's market cap was Rp 281 trillion.
Other top movers, by weight are the stocks of Bank Mandiri, Bank Central Asia, Kalbe Farma, Perusahaan Gas Negara, Telkom Indonesia, Charoen Popkhan Indonesia, Semen Indonesia and Indofood CBP Sukses Makmur.

Comments
VIce President Boediono said at the opening trade of the IDX that market traders should not be too worried about the four risks  often cited by the global investors that may hurt confidence. They are the US Fed tapering, crude oil price increase, the price of foods and domestic politic development.
He said the tapering of the massive stimulus by the US Federal Reserves that may take place later this month will be very different to what happened in 1997, 1998 and 2009.
The former central bank governor said the tapering will not happen in a sudden move.
Boediono said the posture of Indonesia's fiscal and monetary condiion up until now remains good and the most cited worried about the soaring current account deficit, is likely to be manageable in the future.
He said Idnoensia's economic fundamental is strong, while the financial sector remains unshaky ahead of the possible liquidity drain in the world.
In regards to the crude oil price, he said the current price already reflected the long-term equilibrium, even though it may be slightly affected by some negative sentiments.
In regards to politics, he believed the power transition as well as elections will run smoothly this year.
Thursday's opening trade was attended by some members of the cabinet such as the Chief Economic Minister Hatta Rajasa, Finance Minister Chatib Basri, Information Ministry Tifatul Sembiri and even the Chief National Police Sutarman.