JAKARTA - On the last trading day of July, Monday, July 31, net foreign volume was nearly 700 million shares in deficit, or -699,581,000 to be exact. Foreign sales alone totaled 3.10 billion shares, with foreigners purchasing a total of 2.41 billion shares. This deficit also further reduced total foreign net volume in July to -1.31 billion shares. As expected, foreign investors were said to have sold the most shares of PT GoTo Gojek Tokopedia Tbk (GOTO), a digital ecosystem issuer, at 785.61 million. As a result, GOTO had the lowest net volume, with -491.95 million shares. Meanwhile, foreign investors purchased 91.91 million shares of mineral mining issuer PT Bumi Resources Minerals Tbk (BRMS) for the highest net volume of 47.92 million shares.

PT Bukalapak.com Tbk (BUKA) was trailing GOTO with a net volume of -80.39 million shares as foreign investors sold 164.14 million BUKA shares. Shares of oil and gas company PT Astrindo Nusantara Infrastruktur Tbk (BIPI) were also sold, totaling 99.05 million shares for a net volume of -60.41 million. Following that, foreign investors sold 56.61 million shares of PT Nusantara Sawit Sejahtera Tbk (NSSS) and nearly 50 million shares of property developer PT Lippo Karawaci Tbk (LPKR). The net volumes were -47.81 million NSSS and -38.54 million LPKR, respectively.

Meanwhile, the foreign purchases from automotive company PT Astra International Tbk (ASII) and pharmaceutical company PT Kalbe Farma Tbk (KLBF) were both in the 58 million share range. While KLBF's net volume was roughly 36.45 million shares, ASII's was slightly higher at 40.59 million. Apparently, the shares of PT Bank Mandiri (Persero) Tbk (BMRI) and mining parent company PT Bumi Resources Tbk (BUMI) were purchased in large quantities, totaling 144.86 million BMRI and 127.98 million BUMI. However, due to the high volumes of foreign sales, the two issuers' net volume was only around 30 million shares each. (KD)

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