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GOTO accounts for 93% of the negative 1.87 billion shares in net foreign

15 December 2022 18:14

JAKARTA - On Wednesday (December 14), GOTO shares were still the largest contributor to the plunge in net foreign trade volume. Despite the fact that the volume was not as high as the previous day, foreign investors sold as many as 2.75 billion shares of PT GoTo Gojek Tokopedia Tbk (GOTO) this time, resulting in a negative 1.75 billion net volume. This figure represents 93% of net foreign volume, which adds up to a negative 1.87 billion share total. This time, foreign purchases totaled 2.53 billion shares, with sales totaling 4.4 billion shares.

Following GOTO, PT Wulandari Bangun Laksana Tbk (BSBK) came in second with 136.66 million shares sold by international investors. This property issuer's shares in Balikpapan had a net volume of minus 57.58 million shares. Furthermore, with a net volume of -45 million, foreign investors sold 70.07 million shares of PT Bakrie & Brothers Tbk (BNBR). Foreign investors appear to have also released two other banking issuers. PT Bank Central Asia Tbk (BBCA) has 94.49 million shares sold, while PT Bank KB Bukopin Tbk (BBKP) has 28.96 million shares.

Foreign purchases, on the other hand, appear to be sluggish. Foreign investors purchased the most shares, which were 87.09 million shares of PT Bukalapak.com Tbk (BUKA) and 90.52 million shares of PT Bumi Resources Tbk (BUMI). Net volume surpluses of 76 and 56 million shares were reported by these two issuers, respectively. Overseas investors also scooped up 59.54 million shares of PT Adaro Energy Indonesia Tbk (ADRO), 49.53 million shares of PT Smartfren Telecom (FREN), and 42.60 million shares of PT Energi Mega Persada Tbk (ENRG). (KD)

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