Asian stocks rose as a weaker yen sent shares in Tokyo higher and investors awaited policy meetings by the Federal Reserve and Bank of Japan this week, Bloomberg reported. Nymex’s crude oil fell 1.32% to US$44.16 per barrel in Asian trading this morning and gold declined 1.15% to US$1,315.70 per ounce. The composite index of the Indonesia Stock Exchange (IDX) fell 0.38% to close at 5,197 Friday last week (July) due to profit taking after earlier days’ significant gains. Foreign investors booked net sell of Rp230.8 billion in local stocks, cutting year-to-date net buy to Rp21.65 trillion.To subscribe please click here
