JAKARTA - On Tuesday, April 23, foreign share sales transactions totaled 3.67 billion shares. Meanwhile, foreign buying volume was just about 3.26 billion shares. As a result, the net foreign volume dropped to -400.90 million shares in the red zone. The majority of share sales, which total more than 100 million shares, contributed to the significant volume of foreign sales. First, about 162.38 million shares of e-commerce company PT Bukalapak.com Tbk (BUKA) were sold, for a net volume of -118.13 million shares.

In addition, 225.97 million shares of the telecommunications company PT Telkom Indonesia (Persero) Tbk (TLKM) were sold, for a net volume of -99.44 million shares. In the coal mining industry, PT Bumi Resources Tbk (BUMI) stock was sold for 328.43 million shares, with a net volume of -87.68 million. Furthermore, foreign investors sold 72.21 million shares without purchasing any shares in the multinational shipping business PT Berlian Laju Tanker Tbk (BLTA), resulting in a net volume of -72.21 million shares. Shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), a banking company, were then sold for 189.59 million, resulting in a net volume of -66.15 million.

Meanwhile, foreign investors purchased 136.04 million shares of another banking firm held by PT Bank Central Asia Tbk (BBCA), for a net volume of 47.79 million. Shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were then purchased for 1.38 billion shares, with a slight difference in share sales, bringing the net volume to 38.98 million shares. Furthermore, shares of PT Sumber Energi Andalan Tbk (ITMA), which provides consultancy services in the mining and energy sectors, were bought for 34.55 million shares, with a net volume of 20.52 million. Shares of the household equipment retail company PT Ace Hardware Indonesia Tbk (ACES) were then purchased for 34.98 million shares with a net volume of 19.65 million shares, followed by the purchase of 20.70 million shares of the company producing electric vehicle batteries, PT Merdeka Battery Materials Tbk (MBMA), with a net volume of 19.23 million shares. (KD)

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