Foreign investors have aggressively invested in Indonesian stocks, as they recorded a net buying of Rp3.26 trillion last week, with the composite index of the Indonesia Stock Exchange (IDX) gaining 3.7%. If last year, foreign investors recorded a net sell of Rp14.9 trillion, this year foreign investors are expected to book net buy of up to Rp15 trillion, analysts said. January effect would be also factor of market’s bullish this month.
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