Foreign investors returned to buying local stocks on Wednesday (Nov 22) as they booked a huge net buy of Rp1.14 trillion, cutting year-to-date net sell to Rp28 trillion. Foreign investors were focused on buying blue chip stocks yesterday such as Bank Rakyat Indonesia (+3.7%), Bank Negara Indonesia (+4.1%), Astra International (+4%), Elang Mahkota (+6%), Bumi Resources (+9.3%), and Bumi Serpong Damai (+4.3%). The rupiah also strengthened to Rp13,523 against the U.S. dollar yesterday.To subscribe please click here
