real-time news and commentary for investors
Friday, Sep 27
Foreign demand for Indonesian, Thai shares tepid week after Fed
- Indonesia sees foreign selling for a fourth session Friday, even as stocks (IDX, IDXJ, EIDO) manage to break a four-day losing streak. Gains were miniscule however, with the JCI up just 0.4%. Foreign investors sold $168M worth of shares for the week, according to Reuters.
- Elsewhere, Thai shares (THD, TF, TTF) tick lower for a second-straight day and have fallen in four out of five sessions on foreign selling totaling $323M.
- Other markets: Straits Times (EWS, EWSS) +0.5%, PSEi (EPHE) -0.4%