JAKARTA – On Monday, February 17, foreign investor transactions on the Indonesia Stock Exchange moved into the green zone and showed an upward trend in stock purchases.

3.19 billion shares of stock were purchased by foreign investors overall, a sum known as "foreign buy." Foreign investors had a net buy of 658.31 million shares, with a sales volume (foreign sell) of 2.53 billion shares.

With 254.24 million shares, PT Darma Henwa Tbk (DEWA) had the largest net buy according to the IDX. About 37.25 million shares of this mining contractor issuer were sold by foreign investors, who purchased 291.50 million shares.

Although the foreign buying volume of PT GOTO Gojek Tokopedia Tbk (GOTO), the parent company of digital services, was actually significantly larger at 848.69 million shares, the investors also sold 684.15 million shares, causing GOTO to only come second with a net buy of 164.53 million shares.

The next one was a net buy of 93.28 million shares for PT Bank Rakyat Indonesia (Persero) Tbk (BBRI). In addition to a sales volume of 88.02 million, foreigners purchased up to 181.31 million shares of this national bank.

The two issuers who closed the top buy list were PT Astrindo Nusantara Infrastruktur Tbk (BIPI), which specializes in energy infrastructure, and PT Sinergi Inti Andalan Prima Tbk (INET), which specializes in fiber optic infrastructure. Foreign investors purchased 71.63 million INET shares with a net buy of 63.56 million shares and over 80 million BIPI shares with a net buy of about 75 million shares.

However, the top two issuers on the top sell list were mining parent issuer PT Bumi Resources Tbk (BUMI) and its mineral mining subsidiary, PT Bumi Resources Minerals Tbk (BRMS). BUMI shares attained a net sell of 115.99 million shares, while BRMS's was 103.09 million.

Nearly 200 million BUMI shares and 173.85 million BRMS shares were sold by foreign investors.

PT Bukalapak.com Tbk (BUKA) followed with a net sell of almost 50 million shares after foreigners sold 113.98 million shares of this e-commerce issuer. Shares of digital service company PT Solusi Sinergi Digital Tbk (WIFI) were right behind BUKA with a foreign sales volume of 42.26 million shares and a net sell of almost 40 million.

Finally, foreigners sold 30 million shares of PT Wilton Makmur Indonesia Tbk (SQMI) without buying a single share, so this gold producer issuer immediately closed the top sell list with the same net sell volume. (KD)

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