Foreign investors made a huge trading value in local stocks on Wednesday (August 10) with net buying reaching Rp2.62 trillion. In August 2, foreign investors also booked net buy of Rp2.92 trillion, a record high this year. The rupiah benefited from foreign buying in stocks, strengthening to Rp13,123 against the US dollar. The composite index of the Indonesia Stock Exchange (IDX) ended lower 0.3% at 5,424 yesterday. Domestic investors opted to seek short term gains.
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