Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street’s corporate earnings season knocked U.S. stocks, while the dollar and Treasury yields rose on growing expectations of a U.S. rate hike in December, Reuters reported. The composite index of the Indonesia Stock Exchange (IDX) regained Tuesday (Oct 11) with late buying helping. Trading, however, remained fluctuative. The index moved at range of 5,345-5,385 during day trading. Domestic investors dominated the buying in local stocks yesterday, while foreign investors booked net sell of Rp207.4 billion, cutting year-to-date net buy to Rp33.89 trillion. The rupiah meanwhile weakened to Rp12,992 against the U.S. dollar on Tuesday.
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