Foreign investors sell Rp633.92 billion of Indonesian stocks in a week

Foreign investors sold more Indonesian shares than they bought last week, with net sales of Rp633.92 billion across the market.

The selling involved shares listed on the Indonesia Stock Exchange, while foreign investors made net purchases of Rp434.88 billion in negotiated and cash-market trades.

Bank Rakyat Indonesia had the largest net foreign selling, at Rp411.8 billion, followed by Bank Mandiri at Rp221.1 billion.

Other heavily sold shares included GoTo, Aneka Tambang, Alamtri Resources Indonesia and Chandra Asri Pacific.

The Jakarta Composite Index fell 0.13% over the week, despite closing higher on three of the week’s trading days.

It rose 0.40% on Friday, closing at 5,050.43.

The figures cover the previous trading week; no further market developments are given.