VIVAnews - The Jakarta benchmark index in the Indonesia Stock Exchange (IDX) weakened after a strong rise hitting the level of 3,000 in the past few days.
According to an analyst from PT BNI Securities, Maxi Liesyaputra, neither global nor regional market provide positive sentiment toward the Jakarta index.
"On the other hand, the Rupiah keeps on appreciating by trying Rp 9,000 against US dollar," he told VIVAnews today.
Foreign investors in the regular market purchased shares worth Rp 716.74 billion and sold Rp 742.22 billion resulting in Rp 25.48 billion of net selling.
The index today was closed at 3,069.28, a decrease of 27.54 points.
Total booked transaction value reached Rp 3.27 trillion with a recorded volume of 12.13 million lots and a frequency of 125,309 times.
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Translated by: Bonardo Maulana W