Foreign investors continued to sell local stocks on Wednesday (Sept 27) as they booked a net sell of Rp305.7 billion, bringing year-to-date net sell to Rp8.9 trillion. Thus the composite index ended lower 0.01% at 5,863 yesterday, while trade was volatile. Investors were focused on selling mining stocks as the sector fell 2.2%. Coal miner Bukit Asam (PTBA) fell 6.8%, Adaro Energy (ADRO) declined 2.3%, and Bumi Resources (ADRO) lost 7.9%.To subscribe please click here
