JAKARTA – A total of 2.47 billion shares were purchased and 3.31 billion shares were sold by foreign investors on Tuesday, January 14, bringing total net sell at 832 at million shares.

With a net sell of 238.85 million shares, PT GOTO Gojek Tokopedia Tbk (GOTO) was still the one that initiated the shares that made it onto the top sell list. Nevertheless, compared to the previous stock exchange day, foreigners traded fewer GOTO shares today. A total of 1.12 billion GOTO shares were sold, with foreigners purchasing only 882 million shares.

GOTO was closely followed by PT Bukalapak.com Tbk (BUKA), which reported a net sell of 176.86 million shares. Over 224 million shares of this e-commerce company were released by foreign stockholders.

PT Sarana Mitra Luas Tbk (SMIL), a business that rents out forklifts and material handling equipment, then recorded the net sell of 101.21 million shares. This resulted from foreigners selling 131.04 million shares of this issuer.

Lastly, PT Bumi Resources Tbk (BUMI), the mining parent issuer, had a net sell of 54.25 million shares, while PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), the national bank, followed with 42.05 million shares.

The volume of foreign sales of BUMI shares was around 187.98 million shares, while BBRI's volume was approximately 180 million shares.

However, this time around, the net buy volumes didn't seem noteworthy. The telecoms business PT Smartfren Telecom Tbk had the greatest net buy figure with 27 million shares, as a result of 38 million of its shares being purchased by foreigners.

In the subsequent position, two issuers, PT Sumber Energi Andalan Tbk (ITMA) and PT Pyridam Farma Tbk (PYFA), registered a net buy of around 12–13 million shares.

PYFA shares are owned by a pharmaceutical company, whilst ITMA shares are involved in consulting services for the mining and energy industries.

The net foreign news was then sealed by PT Astrindo Nusantara Infrastruktur Tbk (BIPI) and PT Energi Mega Persada Tbk, who each acquired a net sell of 10 million shares.

This time, foreigners relinquished around 17.03 million shares of BIPI, an energy infrastructure firm, and approximately 23.73 million shares of ENRG, an oil and gas exploration and trading company. (KD)

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