Investors at the Jakarta bourse welcomed the Central Bank (Bank Indonesia/BI)’s rate hike on Friday (June 29), as they aggressively bought local stocks, lifting the composite index of the Indonesia Stock Exchange (IDX) by 2.33% to close at 5799. Foreign investors booked a net buy of Rp359.31 billion, cutting year-to-date net sell to Rp49.43 trillion.To subscribe please click here
