JAKARTA – On Monday, March 24, foreign investor transactions on the Indonesia Stock Exchange ended in a net sell. Foreign net sell transactions were 101.72 million shares today, compared to 78.92 million shares the previous trading day.

Compared to last Friday (21/3), when the volume of international transactions hit 9 billion shares, the volume of foreign transactions today dropped significantly. This number was reduced to around 3 billion shares, with approximately 3.67 billion shares being purchased by foreign buyers today (foreign buy). On the other hand, foreign investors registered a net sell of only 101.72 million shares, with sales volume (foreign sell) of 3.77 billion shares.

At 383.57 million shares, IDX recorded the largest net sell of PT GOTO Gojek Tokopedia Tbk (GOTO) shares. This digital service issuer saw the sale of 1.32 billion shares and the purchase of 936.94 million shares by foreign investors.

After foreigners purchased 107.97 million shares but sold 173.32 million of them, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) came in second with a net sell of 65.35 million shares. With a net sell of 33.40 million, retail issuer PT PT Mitra Adiperkasa Tbk (MAPI) came next. MAPI's overseas investors sold about 47 million shares while buying 13.59 million shares.

With net sell volumes of 22.55 million BUMI and 20.61 million MIDI, respectively, mining holding company PT Bumi Resources Tbk (BUMI) and minimarket retailer PT Midi Utama Indonesia Tbk (MIDI) are the two lowest-ranked issuers on the top sell list. In contrast to MIDI, where foreign investors sold over 25 million shares and only purchased 4 million, BUMI's foreign investors purchased 40.79 million shares and sold 63.35 million.

At the top of the buy list, however, were shares of PT Darma Henwa Tbk (DEWA). This mining contractor issuer had a net buy of 86.46 million shares after foreigners purchased 118.16 million shares and sold 31.70 million.

Following DEWA with a net buy of about 60 million shares was PT Bumi Resources Minerals Tbk (BRMS), a BUMI subsidiary involved in the mineral mining industry. BRMS's international buying volume was 46.50 million shares, while its selling volume was 9.38 million.

A net buy of 37.12 million shares was then made by the oil and gas tanker firm PT Buana Lintas Lautan Tbk (BULL), while a net buy of 33.85 million shares was made by the technology company PT Wir Asia Tbk (WIRG). Both BULL and WIRG had foreign buying volumes of approximately 47 million shares; however, BULL's foreign sell volume was 9.38 million shares overseas, while WIRG's was 13.64 million shares.

Then, with a net buy of 29.40 million shares, PT MAP Aktif Adiperkasa Tbk (MAPA) ultimately closed this list. In addition to purchasing more than 76.11 million shares, foreigners sold 46.70 million shares of this retail issuer. (KD/ZH)

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