Take a look at 5 stocks favoured by foreign investors this week
JAKARTA. Foreign investors began to mass-collect several stocks of companies from various sectors, from energy to property, earlier this week (2/12).
According to IDNFinancials data, PT Astrindo Nusantara Infrastruktur Tbk (BIPI) arrived at the first place of Top 5 Foreign Net Buy. Foreign investors were seen colleting these shares, recording foreign net buy of 278.92 million shares.
PT Multipolar Tbk (MLPL) then followed at the second place. This Lippo Group’s industrial arm reported foreign net buy of 36.57 million shares.
Next, came PT Sarana Mitra Luas Tbk (SMIL), an industrial company debuted in 2023. It arrived at the third place with registered foreign net buy of 29.13 million shares.
SMIL was followed by PT Kawasan Industri Jababeka Tbk (KIJA) at the fourth place, posting foreign net buy of 27.58 million shares.
Lastly, PT Lippo Karawaci Tbk (LPKR) climbed to the fifth place of Top 5 Foreign Net Buy. This Lippo Group’s property developer scored net foreign buy volume of 24.19 million shares.
Foreign investors reportedly covered 38% of total transaction last Monday (2/12), leaving the remaining 62% as transactions carried out by domestic investors.
Yesterday (2/12), net foreign sell was reported at IDR 1.27 trillion, or equal to USD 80.45 million. Meanwhile, total transaction clocked up to USD 12.76 trillion. (KR/ZH)