Foreign-buy jumped dramatically; net foreign reached 1.7 billion shares
JAKARTA - Following a positive start the day before, foreign investors' trade on Thursday, February 2, was increasingly aggressive. The volume of shares purchased by foreigners increased dramatically to 4.85 billion, while the volume of shares sold actually increased to 3.11 billion. As a result, this time the net foreign exchange rose quite high, reaching 1.73 billion shares. This figure is strongly intertwined with the contribution of PPT GoTo Gojek Tokopedia Tbk (GOTO) shares, which are of particular interest to foreign investors. Foreigners claimed 3,139,266,300 GOTO shares, bringing the net volume of shares claimed to 1,775,232,200.
GOTO is joined on the top-buy list by four other shares: BUMI, BBKP, BIPI, and ACES. With a net volume of 86.59 million shares, foreign investors have purchased 174.31 million shares of PT Bumi Resources Tbk (BUMI). Following that, 44.58 million shares of PT Bank KB Bukopin Tbk (BBKP) were purchased, bringing the net volume to 38.15 million. Meanwhile, the net volumes of BIPI and ACES shares were similar at 30 million shares after foreigners purchased 38.11 million shares of PT Astrindo Nusantara Infrastruktur Tbk (BIPI) and 51.62 million shares of PT Ace Hardware Indonesia Tbk (ACES).
In contrast, two SOEs continued to dominate the top-sell side, namely PT Garuda Indonesia (Persero) Tbk (GIAA) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI). Foreign investors sold 258.37 million GIAA shares and 86.94 million BBRI shares. The net volume of the two companies, however, is quite different because GIAA got -235.80 million shares while BBRI received only -33.14 million. Furthermore, foreign investors sold approximately 42 million shares each of PT Erajaya Swasembada Tbk (ERAA) and PT Hanjaya Mandala Sampoerna Tbk (HMSP), followed by the sale of 29 million shares of PT Bank Raya Indonesia Tbk (AGRO). (KD)
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