JAKARTA - After two days of being positive, net foreign volume turned negative on Monday, February 27. This time, the difference in the volume of shares bought 1.95 billion and sold by foreigners 2.13 billion was 179,514,300 shares. GOTO shares continue to be the most popular among foreign investors. They purchased up to 1.12 billion shares of PT GoTo Gojek Tokopedia Tbk (GOTO) with a net volume of around 100 million shares, which then appears to have failed to push net foreign into the green zone. In contrast, PT Central Proteina Prima Tbk (CPRO) had the highest volume of foreign sales this time, with 146.28 million shares. CPRO's net volume was also the lowest, at -131.28 million shares.

Heading back to the top-buy list, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) and PT Bumi Resources Tbk trailed GOTO with purchase volumes of 57.66 million BBRI and 54.54 million BUMI, respectively. In addition, each issuer reported a net volume of slightly more than 20 million shares. Foreign investors also purchased 27.26 million shares of PT Barito Pacific Tbk (BRPT) with a net volume of approximately 16 million shares, followed by 18 million shares of PT Bank KB Bukopin Tbk (BBKP) with a net volume of 14.89 million shares.

PT Bukalapak.com Tbk (BUKA) shares, on the other hand, were sold by foreigners in volumes as high as 43.33 million, resulting in a net volume of nearly minus 40 million shares. Then, foreign investors decided to release 31.21 million shares of PT MNC Kapital Indonesia Tbk (BCAP) and 22.78 million shares of PT Adaro Minerals Indonesia Tbk (ADMR). Both had net volumes of 26 million BCAP and 21 million ADMR. Finally, foreign funds were used to purchase 18.42 million shares of PT XL Axiata Tbk (EXCL), which closed its net volume at minus 16 million shares. (KD)

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