JAKARTA – PT Gojek Tokopedia Tbk (GOTO) recorded 11 points increment in its shares during the closing of the daily trading session in the stock exchange yesterday (2/2). These shares are still dubbed as foreign investors’ favorite, which will allow them to gain as much returns as possible, while the price are way below the market price standard.

Based on the data curated by IDNFinancials today (3/2), the shares of GOTO peaked at IDR 125 and hit their lowest at IDR 114 per share. The promising sentiment had driven investors to make huge purchases, even higher than the previous’ transaction on February 1, 2023.

On February 1, 2023, GOTO’s growth was not significant. Its stock price only peaked at IDR 115 and dropped as low as IDR 111 per share, before being closed at IDR 113 each.

Volume-wise, GOTO’s shares are being traded 5.97 billion times with a total value of IDR 722.88 billion. Prior to this, on February 1, the frequency of the transaction only hit 1.7 billion times with a total value of IDR 192.37 billion.

Furthermore, its foreign buy and sell on February 2 were at 3.13 billion shares and 1.36 billion shares, whereas two days ago, on February 1, its foreign buy and sell were only 655.57 million shares and 388.50 million shares, respectively. (LK/ZH)