JAKARTA - The volume of shares sold by foreign investors reached 4 billion shares on Friday, February 3. However, the volume of shares purchased was only 2.71 billion, so the net foreign this time was minus 1,353,595,100 shares. Foreign investors were seen selling a large number of GOTO shares from PT GoTo Gojek Tokopedia Tbk, totaling 2,389,129,300 shares, resulting in a net volume of minus 1,410,166,800 shares. Once again, transactions on GOTO shares were the main contributor to this time's low net foreign volume.

In addition, 228.05 million shares of PT Garuda Indonesia (Persero) Tbk (GIAA) were also sold by foreign investors, so the net volume fell to -188.37 million. Then, as many as 168.48 million shares of PT Bukalapak.com Tbk (BUKA) were also released by foreigners, making the net volume minus 72.30 million. Furthermore, foreign investors also sold 40.93 million shares of PT Panin Financial Tbk (PNLF) and 31.98 million shares of PT Bumi Resources Minerals Tbk (BRMS). These two issuers recorded a net volume of around negative 25 million shares.

Foreign shareholders, on the other hand, bought the most shares from one of the national banks, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI). With a net volume of 120.78 million shares, more than 156 million BBRI shares were transferred to foreign hands. Furthermore, the shares of PT PAM Mineral Tbk (NICL), a nickel mining company, and PT Bank Central Asia Tbk (BBCA), a banking company, were purchased with volumes of 65.54 million and 67.33 million, respectively, and a net volume of about 47 million shares each. Foreign investors also bought 69.81 million shares of PT Smartfren Telecom Tbk (FREN), but the company's net volume was only 30.48 million. Finally, foreign investors purchased 37.83 million shares of PT Dewi SHRI Farmindo Tbk (DEWI), showing a relatively high proportion of net volume, which was around 32.70 million shares. (KD)

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