JAKARTA - Foreign net volume was immediately in deficit by 44,721,600 shares on the first trading day of August. On Tuesday, August 1, foreign investors were seen buying 2.25 billion shares but selling as many as 2.29 billion shares. Nonetheless, PT GoTo Gojek Tokopedia Tbk (GOTO) shares achieved the highest volume of foreign purchases (590.12 million shares) as well as the highest net volume (267.03 million shares).

Following GOTO, foreign purchases of mining issuer PT Bumi Resources Tbk (BUMI) and its subsidiary PT Bumi Resources Minerals Tbk (BRMS) were relatively high, with 98.70 million BUMI and 95.41 million BRMS. However, BRMS' net volume was much higher, totaling nearly 63 million shares, compared to BUMI's net volume of only 27.06 million. Furthermore, foreigners purchased 72.83 million shares of PT Bukalapak.com Tbk (BUKA), resulting in a net volume of 51.12 million shares in this e-commerce company. PT Kalbe Farma Tbk (KLBF) then closed the top buy list with a net volume of slightly over 35 million shares, even though the foreigners purchased more than 91.92 million shares of the pharmaceutical company.

Meanwhile, palm oil producer PT Nusantara Sawit Sejahtera Tbk (NSSS) and oil and gas exploration issuer PT Astrindo Nusantara Infrastruktur Tbk (BIPI) had the lowest net volumes this time, both with around -62 million shares. Foreign investors also sold shares in both issuers in relatively similar volumes, at around 65.45 million NSSS and 66.53 million BIPI. Media issuer PT Global Mediacom Tbk (BMTR) was next, with a net foreign volume of around -55 million and foreign sales of 70.97 million shares. Following that, two SOEs—the national bank, PT Bank Negara Indonesia (Persero) Tbk (BBNI), and the airline, PT Garuda Indonesia (Persero) Tbk (GIAA)—ended the top sell list with negative net volumes of roughly 40–43 million. Foreign investors were seen selling shares in these two companies for as many as 55.79 million BBNI and 45.94 million GIAA, respectively. (KD)

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