At -840 million shares, foreign net volume was stuck in the red zone
JAKARTA - On Tuesday, June 13, there were 2.75 billion shares bought and 3.59 billion shares sold in foreign transactions, which resulted in a negative net foreign volume of -840,077,000 shares. PT GoTo Gojek Tokopedia Tbk (GOTO), a provider of on-demand service platforms, reported very significant foreign sales of 1.78 billion, bringing its net volume to roughly negative 731.11 million shares. Meanwhile, PT Nusantara Sawit Sejahtera Tbk (NSSS), a company that produces palm oil, saw foreign investors purchase up to 112.75 million of its shares, helping it become the stock with the highest net volume with 59.02 million.
PT Wilton Makmur Indonesia Tbk (SQMI), a gold mining issuer, followed GOTO with a negative net volume of roughly 78.76 million shares and an 80.26 million share sales volume. The following three issuers, PT Bumi Resources Minerals Tbk (BRMS), PT Perusahaan Gas Negara Tbk (PGAS), and PT Bank Mandiri (Persero) Tbk (BMRI), each reported net volumes of approximately minus 36 to 30 million shares. Foreign investors did sell their three shares, but in different amounts: 68.64 million BRMS, 37.29 million PGAS, and 92.45 million BMRI shares.
In contrast, outside investors bought almost 95 million shares of a national bank, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), resulting in around 50.54 million shares in net volume. With a purchase volume of roughly 93.07 million shares, mining issuer PT Bumi Resources Tbk (BUMI) came in second with a net volume of 49.51 million shares. The shares of shipping issuer PT Bintang Samudera Mandiri Lines Tbk (BSML) and media issuer PT Global Mediacom Tbk (BMTR) were both sold for about 37 million foreign shares, and their net volumes were comparable at 28.61 million BMTR and 24.8 million BSML. (KD)
The latest net foreign news can be accessed on IDNFinancials!