The composite index of the Indonesia Stock Exchange (IDX) gained 0.67% to close at 5134 Wednesday (July 13) with late buying lifting the index amid volatile trading. Foreign investors booked net buy of Rp864.5 billion, bringing year-to-date net buy to Rp17.96 trillion. Interesting that foreign investors booked net buy of Rp3.8 trillion in first 3 days this week after the Eid holiday season. Trading value in stocks reached Rp7.6 trillion yesterday, surpassing its average daily trading value of Rp5.84 trillion. Tax Amnesty is believed to have built the market euphoria this week.

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