Market Sees Foreign Sales ahead of Eid

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  • Ilustrasi Indeks Harga Saham Gabungan (IHSG). ANTARA/Yudhi Mahatma

    Ilustrasi Indeks Harga Saham Gabungan (IHSG). ANTARA/Yudhi Mahatma

    TEMPO.CO, Jakarta - Foreign investors trading at the Indonesia Stock Exchange (IDX) continued to sell during today's first session. William Surya Wijaya, chief researcher at Asjaya Indosurya Securities, said today's stock movement is still affected by global and regional sentiments.

    The decline in trading activity, he said, is quite normal given how market players are already preparing for the Eid long holiday.

    "[The market] is still affected by regional and global movements as well as the preparation for the holiday," William said as Bisnis Indonesia reported.

    Foreign net sales reached Rp42,02 billion as the Jakarta Composite Index's (JCI) gained 23.03 points (0.47 percent) to 4,916.95 in the morning session.

    Yesterday, foreign investors also decided to sell, with net sales value totaling at Rp110,09 billion.