JAKARTA (Yosefardi) – Weekly net sell by foreign investors on Indonesian stocks reached Rp1.32 trillion the week ended October 4, 2013, receded from Rp1.94 trillion in previous week.
However trading in stocks during this week totaled Rp20.97 trillion, lower than Rp23.93 trillion a previous week.
Composite index of the Indonesia Stock Exchange (IDX) inched down 0.78% to close at 4,389 on Friday (Oct 4). Basic industry stocks dropped 3.23%, followed by agriculture (-2.26%), consumer goods (-1.83%), and mining (-1.34%). Concern over US shutdown and its impact on global economy dragged down the market.
Top five equity in term of trading value were Bank Rakyat Indonesia (Rp1.2 trillion), Telkom (Rp1.18 trillion), Trada Maritim (Rp1.12 trillion), Bank Mandiri (Rp971.19 billion), and Astra International (Rp891.15 billion).
Credit Suisse Securities Indonesia and UBS Securities Indonesia were top brokerages by trading value, Rp2.7 trillion and Rp2.27 trillion each.