Foreign investors, including GOTO Peopleverse Fund, are actively selling shares
JAKARTA - Monday, February 26, which marked the beginning of the final week of February, was signaled by foreign investors who were busy selling shares on the stock market. Starting with the sale of 28.42 million shares of technology issuer PT GoTo Gojek Tokopedia Tbk (GOTO) by GOTO Peopleverse Fund, it was followed by DB Spore SES CLT A/C For NTAsian Discovery Master Fund which sold 13.37 million shares of financing issuer PT BFI Finance Indonesia Tbk (BFIN). Furthermore, 3.50 million shares of PT Dayamitra Telekomunikasi Tbk (MTEL), a provider of telecommunication infrastructure, were sold by Citibank Singapore S/A on behalf of the Government of Singapore.
Additionally, individual investor Sendra Gunawan sold 20 million shares of PT Asuransi Harta Aman Pratama Tbk (AHAP), the general conventional insurance issuer, yet again. Then, PT Elsiscom Prima Karya sold up to seven million shares of PT Galva Technologies Tbk (GLVA), a business in the information technology industry.
However, two other individual investors decided to purchase additional shares. Robin purchased 3.80 million shares of the private hospital manager PT Royal Prima Tbk (PRIM), while Fathi purchased 7.31 million shares of the heavy construction and civil engineering company PT Koka Indonesia Tbk (KOKA).
PT Arthakencana Rayatama then increased its shareholding by acquiring 5.50 million shares of PT AKR Corporindo Tbk (AKRA), a company that distributes fuel products. Additionally, PT Elang Mahkota Teknologi Tbk purchased an additional 5.36 million shares in PT Sarana Meditama Metropolitan Tbk (SAME), the private hospital management company; meanwhile, PT Ramayana Lestari Sentosa Tbk (RALS), the operator of department stores and supermarkets, bought back 4.08 million shares. (KD)
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