Net foreign volume drops even further to minus 459 million shares
JAKARTA - On Thursday, July 27, net foreign volume remained in the red zone. With 1.89 billion in foreign purchases and 2.35 billion in foreign sales, the net foreign volume was minus 459,447,900 shares this time. Around 125.99 million of this figure was contributed by PT GoTo Gojek Tokopedia Tbk (GOTO), which also had the lowest net volume this time. This digital company also had the highest foreign sales volume, estimated at 488.46 million shares. PT Midi Utama Indonesia Tbk (MIDI), on the other hand, became the stock with the highest net volume, 37.88 million, after foreigners purchased 41.58 million of its shares.
Foreigners also bought a lot of shares in PT Industri Jamu and Farmasi Sido Muncul Tbk (SIDO) and PT Telkom Indonesia (Persero) Tbk (TLKM), totaling 136.38 million SIDO and 97.64 million TLKM. SIDO's net volume, on the other hand, was relatively low at -112.22, while TLKM closed at minus 55.48 million. PT Bumi Resources Tbk (BUMI) and its subsidiary, PT Bumi Resources Minerals Tbk (BRMS), both also sold a large number of shares, approximately 105 million shares. BRMS' net volume was still lower, at -43.91 million, than BUMI's, which was -31.56 million.
On the other hand, the oil and gas tanker issuer PT Buana Lintas Lautan Tbk (BULL) followed MIDI with a foreign purchase volume of 28.57 million and 23.48 million net foreign shares. The next three issuers then both reported a net volume of around 19 million shares, namely fuel logistics company PT AKR Corporindo Tbk (AKRA), home appliance retail company PT Ace Hardware Indonesia Tbk (ACES), and hospital manager PT Metro Healthcare Indonesia Tbk (CARE). Foreign investors bought shares of the three issuers in varying volumes, starting with 46.71 million AKRA shares, 24.75 million ACES shares, and 30.85 million CARE shares. (KD)
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