JAKARTA - On Friday, June 16, foreign investors purchased more than 6 billion shares, or 6.36 billion to be exact. Foreign sales volume alone is approximately 5.92 billion, so the net volume was positive at 440,280,200 shares this time. PT GoTo Gojek Tokopedia Tbk (GOTO) was back in the spotlight, with a total of 3.46 billion in foreign purchases as well as the highest net volume at 748.99 million shares. In contrast, the shares with the lowest net volume were those of telecommunications issuer PT Smartfren Telecom Tbk (FREN), at -88.97 million, after foreign investors sold 385.59 million shares.

Following GOTO at the top of the buy line, PT Bukalapak.com Tbk (BUKA) reported a purchase volume of 244.62 million and a net volume of roughly half that figure, 122.19 million units. Then, foreign investors purchased approximately 51.90 million shares of PT Nusantara Sawit Sejahtera Tbk (NSSS), a palm oil producer. Due to the low volume of foreign sales to NSSS, the net volume was relatively high, totaling 51.78 million shares. They also purchased 44.24 million shares of media company PT Elang Mahkota Teknologi Tbk (EMTK) and 40.05 million shares of hospital manager PT Metro Healthcare Indonesia Tbk (CARE). Both net volumes were in the range of 27–30 million shares.

On the other hand, issuers on the top-sell list reported quite significant foreign sales. Foreigners sold a total of 195.74 million shares of PT Dayamitra Telekomunikasi Tbk (MTEL) and 185.22 million shares of property developer PT Ciputra Development Tbk (CTRA), for a net volume of -85.95 million MTEL and -61.77 million CTRA, respectively. Furthermore, both the state-owned telecommunications company PT Telkom Indonesia (Persero) Tbk (TLKM) and the mining company PT Bumi Resources Tbk (BUMI) reported foreign sales volumes of approximately 144–149 million shares. Nevertheless, TLKM's net volume (-65.73 million shares) was nearly twofold lower than BUMI's (-33.50 million shares). (KD)

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