Indonesia Stocks Rise, Snapping Four-Day Drop, as Unilever Gains
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Indonesia stocks rose, snapping four-days slide, following the biggest selling of the nation’s shares by overseas investors since March 2011.
The Jakarta Composite Index jumped 1.9 percent to close at 4,697.88, rebounding from its lowest level since Feb. 19 and paring its decline from a May 20 peak to 9.9 percent. PT Astra International jumped 7.5 percent and PT Unilever Indonesia soared 9.5 percent, ending a four-day, 14 percent plunge.