Foreign investors were back to selling off local stocks on Thursday (Feb 22) pressured by the news of likely increase of the Federal Reserve’s (Fed’s) interest rate this year. Foreign investors booked a net sell of Rp580.43 billion yesterday, bringing year-to-date net sell to Rp7.17 trillion. The composite index of the Indonesia Stock Exchange (IDX) then lost 0.76% to close at 6,586 on Thursday.To subscribe please click here