JAKARTA (Indonesia Today) – Foreign investors purchased a net of Rp937 billion worth of Indonesian stocks in Oct 1-5, 2012, declined from Rp998 billion in the previous week.
Foreign investors only booked net buy of Rp300 billion in the first week of September but then increased to Rp2 trillion in the second week. In third week of September, foreign buy surged to more than Rp6 trillion.
Composite index of Indonesia Stock Exchange (IDX), however, gained 1.14% last week to close at 4,311.314, its new high.
Pressures on agriculture and mining stocks cap the index last week. Finance and trade & service stocks also fell. While basic industry gained 2.59%, miscellanous industry jumped 8.64% and consumer goods rose 2.61%.
Astra International ranked first in term of value of trading last week (Rp2.18 trillion), followed by Telekomunikasi Indonesia Rp923.66 billion, United Tractors Rp827.77 billion and Bank Mandiri with trading value of Rp742.06 billion. (Indonesia Today)