JAKARTA - On Tuesday, May 21, foreign share sales transactions reached 5.59 billion shares. Apart from that, share purchases were also significant, although the foreign buy only totaled 4.82 billion shares. As a result, net foreign volume concluded at -773.48 million shares. The most shares sold belonged to PT Bank Mandiri (Persero) Tbk (BMRI) in the banking sector, namely 195.45 million shares, with a net volume of -66.40 million shares.

In the same sector, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) shares were also sold for 162.36 million shares and recorded the highest net volume on the top sell list (-70.84 million shares). Shares of the mineral mining company PT Bumi Resources Tbk (BRMS) were then sold for 63.47 million shares with a net volume of -58.28 million shares, followed by the sale of 82.94 million shares of the coal mining company PT Bumi Resources Tbk (BUMI) with a net volume of -54.65 million shares. Furthermore, 110.22 million shares of the e-commerce company PT Bukalapak.com Tbk (BUKA) were sold, with a net volume of -38.39 million.

The list of share purchases then began with the purchase of shares of the renewable energy business PT Maharaksa Biru Energi Tbk (OASA), which has a purchase volume and a net volume of around 69 million shares, respectively. The next shares purchased were those of PT Smartfren Telecom Tbk (FREN), a telecommunications company, with around 63.48 million shares, with a net volume of 61.15 million. Foreign investors then acquired 53.80 million shares of the electric vehicle battery manufacturer PT Merdeka Battery Materials Tbk (MBMA), resulting in a net volume of 44.25 million shares. Furthermore, 563.71 million shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) were purchased, for a net volume of 43.31 million shares. Finally, 27.72 million shares of PT Mandiri Herindo Adiperkasa Tbk (MAHA) in the coal distribution sector were acquired, with a net volume of 23.84 million shares. (KD)

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