JAKARTA - Following an unusual surge the previous day, foreign trade volume returned to normal on Monday, March 20. The total number of shares purchased by foreign investors was 1.25 billion, while the total number of shares sold was 2.08 billion. PT GoTo Gojek Tokopedia Tbk (GOTO) shares, like the previous day, became a net foreign defining factor as foreign investors sold 1.20 billion GOTO shares, resulting in a net volume of -881.92 million shares. This figure is even lower than the daily net volume of -820,008,983,600 shares recorded.

Apart from GOTO, no other issuers in the top-sell row reported excessively low net volumes. Foreign investors sold 75.07 million shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), resulting in a net volume of around -21.49 million shares. Furthermore, PT Telkom Indonesia (Persero) Tbk (TLKM) and PT Aneka Tambang Tbk (ANTM) both had a net volume of around -16 million shares, despite the fact that TLKM's sales volume was 91.54 million shares and ANTM's was only 22.14 million. Then, 14.11 million shares of PT Perusahaan Gas Negara Tbk (PGAS) were sold by the foreign shareholders as well, making its net volume -11.02 million shares.

The volume of foreign buys appears to be relatively low as well. The largest foreign purchase was 78.04 million shares of PT Bumi Resources Tbk (BUMI), for a net volume of 41.24 million shares. Foreign investors also purchased shares in PT Ace Hardware Indonesia Tbk (ACES) and PT Bukalapak.com Tbk (BUKA), approximately 35 million shares each, for a net volume of 26.73 million ACES shares and 21.75 million BUKA shares. Foreign investors' next target is 31.82 million shares of PT Hanjaya Mandala Sampoerna Tbk (HMSP), although its net volume was only half that figure, at around 16.48 million shares. Finally, foreign investors claimed 19.45 million shares of PT PAM Mineral Tbk (NICL), with a relatively large net volume of 17.95 million shares. (KD)

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