Business · Markets · 1 hr ago

Indonesia’s Composite Index Rises 0.31% as Foreign Investors Buy Shares

Indonesia’s Composite Index Rises 0.31% as Foreign Investors Buy Shares

Indonesia’s Jakarta Composite Index rose 0.31% to 5,282.31 on Wednesday, October 28.

The gain ended a two-day run of declines for the index.

Foreign investors made net purchases worth Rp664.14 billion across the market.

Their largest reported buys were shares in Bank Mandiri and Telkom Indonesia, followed by Bank Negara Indonesia.

Other shares with reported foreign net buying included Bank Syariah Indonesia, Bank Central Asia, Perusahaan Gas Negara, Dian Swastatika Sentosa and Aneka Tambang.

Foreign buying accompanied the market’s rise, but no further market developments were reported.

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