JAKARTA - On Monday, July 17, more than 3 billion shares were bought and sold by foreign investors. The total number of shares purchased was 3.04 billion, while the total number of shares sold was 3.16 billion. As a result, foreign net volume fell to -117,127,100 shares in the red zone. The high volume of PT GoTo Gojek Tokopedia Tbk (GOTO) shares traded at this time was significant. Foreign investors sold at least 1.76 billion GOTO shares, with a net volume of around -808.49 million. PT Bumi Resources Tbk (BUMI) shares, on the other hand, were selling well, with a sales volume of 263.90 shares. BUMI also had the highest net volume at 150.72 million.

Other issuers on the top-sell list, in contrast to GOTO, had net volumes above negative fifty million shares. The stock with the second lowest net volume was PT Wir Asia Tbk (WIRG), a technology company, with -46.67 million shares after foreigners sold 77.49 million shares. Then, foreigners sold 27.77 million shares of PT Surya Permata Andalan Tbk (NATO), and the net volume of this property issuer in Seminyak, Bali, was recorded at -21.65 million shares. Following that, the management of Alfamidi minimarket chains, PT Midi Utama Indonesia Tbk (MIDI), and the automotive firm PT Industri dan Perdagangan Bintraco Dharma Tbk (CARS), both reported net volumes of -17.34 million MIDI and -12.91 million CARS, respectively. The two issuers' sales volumes range between 15 and 18 million shares.

PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), on the other hand, recorded a significant volume of foreign purchases, totaling 141.66 million shares. The net volume, at around 95.39 million shares, was also relatively high. More than 100 million shares of oil and gas tanker issuer PT Buana Lintas Lautan Tbk (BULL) and e-commerce PT Bukalapak.com Tbk (BUKA) were also selling well in foreign hands, but BULL's net volume is nearly 80 million shares, while BUKA's is only around 60 million. Finally, foreign investors purchased more than 70 million shares of PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an oil and gas exploration company, for a net volume of 62.17 million shares. (KD)

Get the latest net foreign news only from IDNFinancials!