Lastly, the IHSG was also supported by rising Asian indices. Asian indices were up due to higher commodity prices and due to news that the Bank of Japan will continue to widen its monetary easing program. The yen subsequently depreciated and this made exporter stocks rise. Market participants are also still responding to China's central bank (PBoC) that increased liquidity in China's financial system.

Despite ongoing concern about possible profit taking, the benchmark index of Indonesia rose 0.56 percent to 4,477.49 points on Wednesday (22/01).