Foreign investors kept selling local stocks on Thursday (Oct 19) as they booked net sell of Rp462.7 billion, bringing year to date net sell to Rp18.94 trillion. While investors, including domestic, were focused in selling cigarette stocks yesterday in a response to 10.04% excise tax hike starting Jan 1st, 2018. Shares of HM Sampoerna (HMSP) fell 2.8% Thursday, while Gudang Garam (GGRM) declined 1.7%. To subscribe please click here