JAKARTA (Thomson Financial) - Indonesian shares are expected to open higher on Thursday, supported by Wall Street's advance overnight as fresh data indicated the U.S. economy could be stronger than some investors thought.

The Dow Jones Industrial Average gained 0.8 percent on Wednesday as investors cheered the bigger-than-expected increase in orders for big-ticket manufactured goods.

Commodity stocks are likely to lead the advance on the back of a rebound in some commodity prices such as crude palm oil and nickel in line with a rise in crude oil.

'I see a good chance for the market to go up today. The rise in commodity prices such as CPO and nickel should revive interest in commodity stocks,' Recapital Securites analyst Poltak Hotradero said.

Oil prices surged Wednesday as tropical storm Gustav appeared headed for the Gulf of Mexico and its oil and gas installations. New York's main contract, light sweet crude for delivery in October,

climbed 1.88 dollars to close at $118.15 a barrel.

On Wednesday, the Jakarta composite index closed up 23.52 points or 1.1 percent at 2,131.63.

roffie.kurniawan@thomsonreuters.com