Investors welcomed the smooth Jakarta Election on Wednesday (Apr 19) as this morning they were buying local stocks. Composite index of the Indonesia Stock Exchange (IDX) gained 0.08% to 5611 at 9.19 am but profit taking emerged. Anies Baswedan and Sandiaga Uno (Anies-Sandi) will likely win the Jakarta election runoff by a landslide over incumbent governor Basuki Tjahaja Purnama (Ahok). But overall, the market sentiment is supported by positive news on economic development also positive earning reports of some listed companies for the first quarter (Q1) of 2017.