US$510 Million Foreign Funds Left Indonesia Stocks This Week

JAKARTA (Yosefardi) – Net sell of Indonesian stocks by foreign investors reached US$510 million in the week ended August 23, 2013.
Foreign investors bought a total of Rp13.44 trillion worth of stocks in the week, but offloaded Rp19.16 trillion, resulting in net sell of Rp5.72 trillion.
In the previous week, foreign investors purchased Rp11.3 trillion worth of stocks, but offloaded Rp12.67 trillion, leaving a net sell of Rp1.37 trillion only.
They contributed to 8.73% fall of composite index of Indonesia Stock Exchange (IDX), led by 16.2% fall of property & real estate index and 12.7% in the basic industry sector.
Mining was the only gainer, but inched up slightly by 0.39%, while agriculture slipped only 0.2%.
Top losers of the week are Visi Media Asia (-45%), Erajaya (-33.8%), Bumi Resources Minerals (-33%), and ALam Sutera Realty (-30.4%). Gainers are Vale Indonesia (+13.4%), Titan Kimia, Astra Agro Lestari, and Harum ENergy.