REPUBLIKA.CO.ID, JAKARTA -- The Jakarta composite index (JCI) opened lower to follow the falling value of rupiah against the US dollar.

Rupiah fell in value to the level of 11,691 per US dollar in the morning trade weakening from earlier level of 11,681 per dollar.

The index of the Indonesian Stock Exchange (BEI) slipped 0.03 percent to 5,144.96 points with the index of 45 most liquid stocks down 0.05 percent to 875.83 points.

Chief researcher of Trust Securities Reza Priyambada said the rupiah fall served as a negative sentiment in the domestic share market.

"There was no positive domestic sentiment that the market players chose to sell shares for profit," Reza said.

In addition reports of oil fuel scarcity from all over the country added to the negative sentiment, he said.

However, at 10.30 local time, the JCI moved up 0.45 percent to 5,170.10 points.

Regional markets such as Hang Seng, Nikkei and Straits Times recorded an increase in index.

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