Just gone public, foreign investors sold many Saptausaha Gemilangindah (SAGE) shares
JAKARTA - Foreign investors sold shares of PT Saptausaha Gemilangindah Tbk (SAGE), a recently listed property issuer, on Wednesday, March 8. They sold a total of 207.02 million SAGE shares, with a very small purchase volume, for a net volume of over -205 million shares. SAGE recorded the lowest net volume, which was followed by PT GoTo Gojek Tokopedia Tbk (GOTO) with -192.47 million shares after foreigners sold around 2.43 billion GOTO shares. On the daily report, foreign investors bought 3.31 billion shares and sold 3.53 billion, for a net foreign volume of -227,272,000 shares.
Furthermore, foreign investors sold 66.21 million shares of PT Merdeka Copper Gold Tbk (MDKA), for a net volume of -12.37 million shares. Then, two issuers, PT Industri dan Perdagangan Bintraco Dharma Tbk (CARS) and PT Bumi Resources Minerals Tbk (BRMS), reported net volumes of around -20 million shares, with sales volumes of 20 million CARS and 30 million BRMS, respectively.
PT Bumi Resources Tbk (BUMI), on the other hand, had the highest net volume, with 62.46 million shares, after foreign investors purchased 98.41 million shares. Then, two issuers, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) and PT Wir Asia Tbk (WIRG), achieved similar net volumes of around 36 million. This figure was achieved by foreign investors buying 81.85 million BBRI shares and 45.62 million WIRG shares. Finally, foreign investors purchased 23.69 million shares of PT Erajaya Swasembada Tbk (ERAA) and 26.28 million shares of PT Hanjaya Mandala Sampoerna Tbk (HMSP), for a net volume of approximately 20 million shares for each issuer. (KD)
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