JAKARTA – Foreign investors were still actively pursuing shares of two technology start-up moguls in the stock transaction yesterday (30/1). PT Bukalapak.com Tbk (BUKA) arrived at the second place right behind PT GoTo Gojek Tokopedia Tbk (GOTO) in the foreign buy chart.

According to IDNFinancials record today (31/1), GOTO reported 450.95 billion shares in its net foreign. Approximately 801.29 million shares of this online transportation and e-commerce provider were bought by foreign investors, while another 350.33 million shares were sold.

In the meantime, BUKA, which has been pushed off the Top 5 Net Foreign for a while, finally reentered the list at the second place, boasting a net foreign of 82.40 million shares. Its foreign buy and sell clocked up to 125.74 million shares and 43.34 million shares.

In April 2022, GOTO debuted in the stock exchange, offering 40.65 billion shares for IDR 338 each. Then, it managed to raise IDR 13.72 trillion in total.

GOTO then drove off BUKA from the Top 50 Market Cap, recording IDR 107.77 trillion of market capitalisation at the end of 2022. Said amount is equal to 1.13% of total market cap of IDR 9.49 quadrillion.

In 2021, BUKA was still included in the Top 50 Market Cap with a market capitalisation of IDR 44.31 trillion, equivalent to 0.54% of total market cap of IDR 5.71 quadrillion. The owner of bukalapak.com e-commerce platform made its debut in the stock exchange by offering 25.76 billion shares for IDR 850 each, totalling to IDR 21.90 trillion. (LK/ZH)