Foreign Investors' Net Sell of Indonesian Stocks Jumps to US$165 Million

JAKARTA (Indonesia Today) - Foreign investors sold a net of US$165 million of Indonesian stocks in the week ended April 12 against net buy of Rp818 billion in the previous week.

Foreign investors sold Rp15.6 trillion worth of stocks, but purchased only Rp14 trillion, leaving Rp1.6 trillion of net sell.

In the previous week, foreign investors recorded net buy of Indonesian stocks worth Rp818 billion with less trading value in total.

Year-to-date net buy of Indonesian stocks by foreign investors declined to Rp17.97 trillion as of Friday (April 12), contributing to 14.37% gain of the composite index, which is second best in the region behind Nikkei 225.

Composite index of Indonesia Stock Exchange (IDX), however, ended higher by 0.23% in the week, lifted mostly by property and infrastructure.
Mining sector was the biggest loser, followed by basic industry, agriculture, trade & services, and finance. Consumer goods, meanwhile, gained slightly by 0.68%. (Indonesia Today)

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