JAKARTA. PT Bank Central Asia Tbk (BBCA) and PT Bukalapak.com Tbk (BUKA) have begun to demonstrate an uptrend within the past 5 days, thus attracting response from foreign investors.

It is known that BBCA has increased by 0.76% or 75 points to IDR 10,000 per share within the past five days until yesterday’s (28/11) closing bell. BUKA also jumped 4.2% or 5 points to IDR 124 per share.

BBCA’s uptrend triggers offloading trend by foreign investors, registering foreign sell of 48.85 million shares yesterday (28/11). With the foreign buy at only 35.07 million shares, BBCA’s foreign net sell reached 13.78 million shares.

On the contrary, BUKA was collected by foreign investors, with foreign buy reaching 43.11 million shares. Then, foreign sell only arrived at 22.37 million, thus bringing this e-commerce platform’s foreign net buy to 20.74 million shares.

Last Thursday (28/11), BBCA arrived at the 8th position at top gainer (foreign net sell) list, whereas BUKA was the 6th at top gainer (foreign net buy) list.

For the record, BBCA’s recent corporate action was interim dividend distribution of IDR 6.16 trillion, announced on November 12, 2024. Meanwhile, the latest corporate action by BUKA was Management and Employee Stock Option (MESOP) II Year 2024. (KR/ZH)