JAKARTA - On Friday, June 9, foreign net volumes fell into the red zone. Even though it had been in the green for a while, net foreign exchange closed at a loss of 1.37 billion shares this time. The volume of foreign sales, which totaled 5.57 billion, was much higher than the volume of foreign purchases, which was also considerably high at around 4.19 billion units. The negative net volume of PT GoTo Gojek Tokopedia Tbk (GOTO) shares, which was -1.29 billion after foreign investors sold 4.06 billion shares of the issuer on-demand service provider, contributed significantly to this figure.

Foreigners then sold 53.28 million shares of PT Trimegah Bangun Persada Tbk (NCKL), an issuer in the nickel mining sector, bringing the net volume to -45.98 million shares. PT Perusahaan Gas Negara Tbk (PGAS), a subsidiary of Pertamina, and PT Dayamitra Telekomunikasi Tbk (MTEL), a subsidiary of Telkom, came in second and third, respectively, with sales volumes of 42–46 million shares. However, PGAS' net foreign volume was -33.05 million shares, and MTEL's was approximately -28.79 million shares. Additionally, with a sales volume of 26.91 million shares, BRI's subsidiary, PT Bank Raya Indonesia Tbk (AGRO), also reported a negative net volume of -25.88 million.

On the other hand, with about 56 million shares each, production house PT MD Pictures Tbk (FILM) and palm oil producer PT Nusantara Sawit Sejahtera Tbk (NSSS) reported the highest net volume this time. It was because approximately 63.4 million films and 56.11 million NSSS were purchased by foreign investors. Next, even though the net volume was only 30.22 million, PT Bumi Resources Tbk (BUMI), a coal mining company, actually had the highest purchase volume from foreign investors at 95.53 million shares. Last but not least, the foreign volumes of industrial estate developer PT Bekasi Fajar Industrial Estate Tbk (BEST) and technology issuer PT Solusi Sinergi Digital Tbk (WIFI) were in the range of 25 to 26 million shares, with a foreign spending volume of 43.05 million shares for WIFI and 27.70 million shares for BEST. (KD)

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