JAKARTA – Investors were seen minimising sales of PT Gojek Tokopedia Tbk’s (GOTO) shares in yesterday’s (22/2) transaction as its price declined.

Based on the data collected by IDNFinancials today (23/2), GOTO’s foreign buy reportedly hit 1.34 billion shares, although lower than the previous transaction on February 21, 2023, of IDR 1.44 billion shares.

On the other hand, its foreign sell also reached 1.09 billion shares, bringing the net foreign to 252.38 million shares. The sale number was seen smaller than 1.61 billion shares recorded in the previous transaction day (21/2).

Since the beginning of this week, GOTO’s shares have kept declining. GOTO’s peak through yesterday’s trading session arrived at IDR 120, while recording the lowest price of IDR 113 per share. Its trading volume clocked up to 4.31 billion shares, traded in 32,654 transactions worth IDR 504.12 billion in total.

However, said price level has yet to match the highest price earlier this week (20/2) of IDR 129 per share and Tuesday’s (21/2) highest price of IDR 123. On February 21, 2023, 2.98 billion shares were being traded in 24,018 transactions, boasting a total value of IDR 363.07 billion. (LK/ZH)