REPUBLIKA.CO.ID, JAKARTA -- The Jakarta composite index (JCI) opened lower on Wednesday to follow the trend in the global markets.

The index of the Indonesian Stock Exchange (BEI) fell 24.6 points or 0.45 percent to 5,438.32 points with the index of 45 most liquid stocks down 0.65 percent to 943.17.

"Further rise of JCI was curbed by worries over the impact of falling oil prices and Greek financial instability and aid negotiations," Head of Research of Valbury Asia Securities Alfiansyah said.

He said the market players are awaiting results of a meeting between Greece and the European Commission, the European Central Bank and the International Monetary Fund (IMF).