BUMI - PT. Bumi Resources Tbk

Rp 155

-8 (-5,16%)

JAKARTA - Foreign investors saved foreign trading on Tuesday (November 22) by purchasing 665 million shares of PT Bumi Resources Tbk (BUMI). BUMI is increasingly in demand by outside investors because of its stable performance, making the shares of this mining holding company record a net volume of more than half a billion shares. As a result, the total net foreign was positive at 338 million shares this time.

Another issuer that caught the foreigners' eyes is PT Astrindo Nusantara Infrastruktur Tbk. At least 176 million BIPI shares were purchased, with a net volume of 45 million. Even so, it was the shares of PT Perusahaan Gas Negara Tbk (PGAS) that recorded the second highest net volume after BUMI, at 68 million shares, even though foreigners only bought 77 million shares of PGAS. Furthermore, foreigners also purchased 96 million shares of PT Wulandari Bangun Laksana Tbk (BSBK) and 80 million shares of PT Bank Central Asia Tbk (BBCA).

On the divestment side, foreign investors have been selling nearly 344 million shares of PT GoTo Gojek Tokopedia Tbk. GOTO's net share volume fell to minus 270 million shares due to the small number of purchases. Next, they also sold 56 million FREN shares, resulting in a net volume of minus 48 million for PT Smartfren Telecom Tbk.

Finally, overseas investors sold 57 million shares of PT Telkom Indonesia (Persero) Tbk (TLKM), followed by PT Ace Hardware Indonesia Tbk (ACES) and PT Elnusa Tbk (ELSA) with around 22 million shares each. (KD)

Read on for Net Foreign news only at IDN Financials!