JAKARTA. Foreign funds appeared to start returning to the stock market. Last week, foreign investors booked a net buy of Rp 732 billion. This achievement is better than the previous week, while stock market recorded a net sell of Rp 438 billion. Foreign investors booked a net sell as much as Rp 863,70 billion since the beginning of the year. But this number is much better than the beginning of 2016. During January 2016, foreign investors recorded a net sell of Rp 2.32 trillion Analyst at Parama Binaartha Securities Reza Priyambada said that currently foreign investors tend to take the position of short-term trading for blue chips shares, while waiting for the release of 2016 financial statements of the listed companies.
Foreign investors back to stock market
JAKARTA. Foreign funds appeared to start returning to the stock market. Last week, foreign investors booked a net buy of Rp 732 billion. This achievement is better than the previous week, while stock market recorded a net sell of Rp 438 billion. Foreign investors booked a net sell as much as Rp 863,70 billion since the beginning of the year. But this number is much better than the beginning of 2016. During January 2016, foreign investors recorded a net sell of Rp 2.32 trillion Analyst at Parama Binaartha Securities Reza Priyambada said that currently foreign investors tend to take the position of short-term trading for blue chips shares, while waiting for the release of 2016 financial statements of the listed companies.