As the market continued to consolidate, most investors opted to sell local stocks on Tuesday (May 30). Foreign investors booked net sell of Rp148.6 billion yesterday, cutting year-to-date net buy to Rp22.27 trillion. The composite index of the Indonesia Stock Exchange (IDX) fell 0.33% to close at 5,693 with the selling pushing the index into negative territory in afternoon trade. The rupiah also weakened further to Rp13,336 against the U.S. dollar.To subscribe please click here
