Finally in the green, net foreign volume is positive with 371 million shares
JAKARTA - On Thursday, June 15, net foreign volume was finally able to move into positive territory after spending a long time in the negative. This time, the net foreign surplus closed at 371,361,500 shares, with foreign purchases totaling 3 billion shares and foreign sales of roughly 2.63 billion shares. Interestingly, this time, the stock with the highest net volume was PT Bumi Resources Tbk (BUMI). For a net volume of 201.91 million shares, foreign investors purchased 255.60 million shares of this mining issuer. Meanwhile, PT Darma Henwa Tbk (DEWA), a mining contractor issuer, had the lowest net volume at -75.84 million shares, with 87.61 million of its shares sold by foreign investors.
Even though the volume of foreign purchases reached 1.18 billion shares, on-demand service provider PT GoTo Gojek Tokopedia Tbk (GOTO) only recorded the second-highest net volume, at around 182.67 million shares. The shares of PT Bukalapak.com Tbk (BUKA), a company that provides e-commerce platforms, and PT Astrindo Nusantara Infrastruktur Tbk (BIPI), a company that provides energy resource infrastructure, were also quite appealing to foreign investors, with foreign purchases totaling about 186.95 million shares of BUKA and 115.13 million shares of BIPI, respectively. Both had a sizeable net volume, with roughly 118.26 million BUKA and 108.18 million BIPI. In addition, even though the net volume was only about 65.56 million shares, the total of foreign purchases by telecommunications issuer PT Smartfren Telecom Tbk (FREN) was quite high at 130.84 million shares.
On the other hand, the private bank PT Bank Central Asia Tbk (BBCA) saw approximately 56.24 million shares sold by foreign investors, for a net volume of approximately -24.46 million shares. This number was followed by a net volume of approximately -21 million shares in two issuers, tanker company PT Buana Lintas Lautan Tbk (BULL) and sea mode transport company PT Bintang Samudera Mandiri Lines Tbk (BSML). The two issuers' sales volumes—roughly 39.60 million BSML and 30.58 million BULL—were also not significantly distinct. Lastly, after 16.13 million shares were released by foreigners, PT Intiland Development Tbk (DILD)'s net volume was finally recorded at -14.06 million shares. (KD)
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