Asian shares eased this morning (Wednesday) following modest losses on Wall Street, but were still on track for a monthly rise as investors waited to see if upcoming job data could prod the Federal Reserve into raising interest rates as soon as September, Reuters reported. The composite index of the Indonesia Stock Exchange (IDX) fell further 0.16% to close at 5,362 Tuesday (August 30), but closed off its low of 5,337. Late buying helped the index to cut losses. Foreign investors booked net sell of Rp766.3 billion, cutting year-to-date net buy to Rp38.47 trillion. Trading was massive with total transaction value reaching Rp7.8 trillion, higher than average daily trading of Rp6.33 trillion.
To subscribe please click here
