JAKARTA - Foreign sell volume on Wednesday, June 5, was still larger at 3.03 billion shares than the foreign buy, which was 2.51 billion. As a result, net foreign volume remained in the red zone, closing at -513.29 million shares. The telecoms business PT Telkom Indonesia (Persero) Tbk (TLKM) had the most shares purchased, with 110.02 million shares and a net volume of 30.24 million shares. Meanwhile, the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) continued to hold the most shares sold, with 967.83 million shares and a net volume of -123.56 million shares.

Aside from that, foreign investors sold 109.84 million shares of PT Bumi Resources Tbk (BUMI) in the coal mining sector, resulting in a foreign volume of -54.80 million shares. Shares of its subsidiary in the mineral mining sector, PT Bumi Resources Minerals Tbk (BRMS), were also sold for 64.03 million shares, with a net volume of -53.58 million shares. In the banking sector, PT Bank KB Bukopin Tbk (BBKP) shares were sold for 52.87 million, with a net volume of -45.33 million shares. PT Sarana Menara Nusantara Tbk (TOWR) shares in the investment sector for telecommunications tower operations were also sold for 96.64 million shares, for a net volume of -44.67 million shares.

In contrast, the telecom company PT Smartfren Telecom Tbk (FREN) has the same sales volume and net volume (23.53 million shares) because no foreign investors have sold any of its shares. Furthermore, 43.79 million shares of PT Merdeka Battery Materials Tbk (MBMA), an electric vehicle battery producer, were purchased, for a net volume of 20.62 million shares. Foreign investors then bought shares of domestic and foreign shipping services company PT Buana Lintas Lautan Tbk (BULL) as well as shares of automotive company PT Astra International Tbk (ASII) in the same range, namely 48 million shares. From these transactions, BULL's net volume was 18 million shares, while ASII's was 14.48 million shares. (KD)

Find the most updated net foreign news only in IDNFinancials!