Foreign investors sell a large portion of Gojek Tokopedia (GOTO) shares; net foreign volume is minus 511 million shares
JAKARTA - After being the best-selling stock the day before, shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO) are now the most sold by foreign investors, with a buying volume of 1.14 billion shares and a net volume of -656.49 million. As a result, foreign selling volume surged to 2.76 billion shares, while foreign buying volume was only about 2.25 billion shares. Net foreign fell back into the red zone, totaling roughly -511.87 million shares on Thursday, February 1.
Foreign investors also sold 129.09 million shares of the energy resources infrastructure company PT Astrindo Nusantara Infrastruktur Tbk (BIPI) for a net volume of -82.13 million. The state-owned airline firm, PT Garuda Indonesia (Persero) Tbk (GIAA), had a net volume of -33.24 million shares after almost 40 million shares were sold. The sale of 65.18 million shares of the coal mining firm PT Bumi Resources Tbk (BUMI) and 41.23 million shares of the pharmaceutical company PT Kalbe Farma Tbk (KLBF) resulted in a net volume of about -20 million shares apiece.
Meanwhile, PT Buana Lintas Lautan Tbk (BULL), which provides local and international shipping services, held the first top buy position, with 140.41 million shares purchased and a net volume of 116.16 million shares. Furthermore, foreign investors purchased 90.74 million shares of PT Maharaksa Biru Energi Tbk (OASA), for a net volume of 81.38 million shares. In the banking sector, around 104.36 million shares of PT Bank Central Asia Tbk (BBCA) were also purchased, with a net volume of 56.15 million shares. PT Telkom Indonesia (Persero) Tbk (TLKM) shares in the telecommunications sectors were then purchased for 86.62 million shares, resulting in a net volume of 49.32 million. Finally, foreign investors purchased 49.23 million shares of the e-commerce company PT Bukalapak.com Tbk (BUKA), for a net total of 36.95 million. (KD)
Get the latest net foreign news only from IDNFinancials!