JAKARTA – The stock price of PT Medco Energi Internasional Tbk (MEDC) was seen weakening in yesterday’s (16/2) closing bell. This particular trend deters investors from selling off their portion compared to other issuers’ shares.

Based on the data compiled by IDNFinancials today (17/2), the coal manufacturer recorded net foreign of 26.65 million shares yesterday. It was higher than the record of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), another favorite issuer of investors, whose net foreign skyrocketed after publishing its achievement in the 2022 financial report.

During yesterday’s (16/2) trading session, MEDC scored foreign buy and sell of 33.49 million and 6.84 million shares. The traded shares amounted to 126.15 million units, recording 11,383 times of transaction with a total value of IDR 142.38 billion. The price peaked at IDR 1,175 per share and booked the lowest price of IDR 1,110. It was then closed at IDR 1,130 per share.

In the runner-up position, BBRI posted net foreign of 22.05 million, resulting from foreign buy and sell of 49.75 million and 27.70 million shares. BBRI’s stock price soared to the highest price at IDR 4,890 and dropped to the lowest at IDR 4,850 per share. Throughout the trading session, there were 69.96 million shares traded in 9,134 transactions, boasting a total value of IDR 340.68 billion. (LK/ZH)