JAKARTA - After being positive for a few days, foreign net volume was down again by 72.9 million shares on Friday (November 25). The total foreign purchases and sales also seemed to fall, as they were both under 1.5 billion. Of the top-sell list, PT Bukalapak.com Tbk (BUKA) shares suffered the worst losses this time. Foreigners reportedly sold 103.98 million shares of this e-commerce issuer, bringing the net volume to minus 47.46 million.
Foreign investors then released 43.36 million shares of PT Adaro Minerals Indonesia Tbk (ADMR), 33.07 million shares of PT Tower Bersama Infrastructure Tbk (TBIG), 31.65 million shares of PT Smartfren Telecom Tbk (FREN), and 29.73 million shares of PT Energi Mega Persada Tbk (ENRG). These four companies reported net volumes ranging from minus 28 to 21 million shares.
On the other hand, BUMI shares became the foreigners' favorites. At least 181.35 million shares of PT Bumi Resources Tbk were purchased, bringing the net volume to 62.16 million. This figure is just slightly below PT Astrindo Nusantara Infrastruktur Tbk, whose net volume reached 64.61 million shares after the foreign purchase of 118.53 million BIPI shares. After that, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) shares were also sold to foreign parties for more than 100 million shares, with a net volume of 47.25 million shares.
Finally, international shareholders bought 40.17 million shares of property developer PT Ciputra Development Tbk (CTRA), as well as 34.81 million shares of PT Buana Lintas Lautan Tbk (BULL). (KD)
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