Business · Markets · 47 mins ago

Indonesia’s Stock Index Rises 1.02% as Foreign Investors Sell 10 Shares

Indonesia’s Stock Index Rises 1.02% as Foreign Investors Sell 10 Shares

Indonesia’s IDX Composite rose 1.02% on Tuesday, extending gains from late the previous week.

The index closed at 5,125.73 points, with 410 shares rising and 174 falling.

Trading was worth about 75.64 trillion rupiah, and foreign investors were net buyers across the market by 171.89 billion rupiah.

Even so, foreign investors sold shares in 10 companies, according to the trading data cited.

Barito Pacific had the largest net foreign sale, at 51.05 billion rupiah, followed by Telkom Indonesia at 47.50 billion rupiah.

The figures show that overall foreign buying came alongside sales in individual stocks; no further market developments were specified.

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