JAKARTA – Foreign investor transactions on the Indonesia Stock Exchange reversed course on Thursday (20/2), shifting from yesterday's net sell of 78.4 million shares to a net buy of 138.55 million shares today. This was due to a decline in foreign sell volume, even though foreign buy volume remained steady.

The total volume of shares bought by foreign investors (foreign buy) amounted to 3.68 billion shares. With foreign sell volume at 3.55 billion shares, foreign investors recorded a net buy of 138.55 million shares today. This contrasts with yesterday’s (19/2) trading, where foreign transactions saw a net sell of 78.4 million shares.

With a net buy of 195.42 million shares, mineral mining company PT Bumi Resources Minerals Tbk (BRMS) topped the top buy list. Over 462.63 million BRMS shares were purchased by foreign investors, while about 267.20 million shares were sold.

With a net buy of around 160 million shares, digital parent firm PT GOTO Gojek Tokopedia Tbk (GOTO) comes in second. This issuer had an astounding foreign purchase volume of 1.13 billion shares, with 973.28 million shares sold.

PT Aneka Tambang Tbk (ANTM), another mineral mining business, came next with a net buy of 88.98 million shares. Only about 13.37 million of this issuer's shares were sold, compared to almost 102.35 million that were bought. In addition, foreigners purchased 83.44 million shares of PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an energy infrastructure company, resulting in a net buy of 77.98 million shares.

With a net buy of 59.16 million shares, BULL shares from the oil tanker business PT Buana Lintas Lautan Tbk concluded this list. More than 61.65 million of its shares were purchased, with only around 2.5 million sold.

However, with 147.75 million shares, national bank PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) emerged as the stock with the largest net sell. Although 105.05 million shares were purchased by BBRI, 252.80 million were sold.

After foreigners sold 122.27 million of its shares, e-commerce company PT Bukalapak.com Tbk (BUKA) followed BBRI with a net sell of 74.60 million shares. Then, PT Erajaya Swasembada Tbk (ERAA), a mobile phone and electronics retailer, realized a net sell of 55.30 million shares. Over 104.58 million ERAA shares were sold by foreigners, while nearly 50 million were purchased by them.

Property developer PT Alam Sutera Realty Tbk (ASRI) and mining contractor PT Darma Henwa Tbk (DEWA) finished the top sell list with net sell volumes of 41.21 million ASRI and 45.73 million DEWA, respectively.

With 197.32 million shares, DEWA had a relatively large foreign sales volume compared to ASRI's 44.20 million shares. (KD/ZH)

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