Foreign investors kept buying local stocks as they booked net buy of Rp1.35 trillion on Friday last week (Apr 7), bringing year to date net buy to total Rp11.35 trillion. The capital inflow per April 5 this year reached Rp79.1 trillion, invested in bonds instruments, stocks, and certificates of Bank Indonesia (central bank). But most investors, mainly domestic, opted to take profit after recent market gain. That is said, the local market is now under consolidation. Investors might also reduce their trading activities this week along with the Easter celebration. ]The rupiah depreciated 0.1% to Rp13,341 against the U.S. dollar on Friday (Apr 7).
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