Net foreign volume is still relatively large, with 4.35 billion shares purchased by foreign investors
JAKARTA - The net foreign volume on Thursday, May 25, was still quite high at 918,911,500 shares, even though it reached net foreign volumes of more than 1 billion shares on the previous days. Approximately 4.35 billion shares were purchased by foreigners, compared to 3.43 billion shares that were sold. The highest net volume was once again recorded by PT GoTo Gojek Tokopedia Tbk (GOTO), which saw 2.90 billion shares bought by foreign investors. This volume resulted in more than 1 billion shares in net volume, which was also the highest this time. On the other hand, with a sales volume of 32.50 million, construction issuer PT Wijaya Karya Bangunan Gedung Tbk (WEGE) had the lowest net volume at -31.49 million.
Foreign investors were also quite interested in investing in PT Smartfren Telecom Tbk (FREN), a telecommunications issuer. They purchased 112.29 million FREN shares in total, resulting in a 93.76 million share net volume. Then, these investors purchased 56.42 million shares of PT Bukalapak.com Tbk (BUKA), the e-commerce platform provider, for a total net volume of about 34.55 million. The following two issuers, energy infrastructure issuer PT Astrindo Nusantara Infrastruktur Tbk (BIPI) and real estate developer PT Puradelta Lestari Tbk (DMAS), both reported a net volume of roughly 29 million shares. Reportedly, foreign investors purchased around 33.56 million BIPI shares and 43.07 million DMAS shares.
On the other hand, two issuers, outsourcing service provider PT Personel Alih Daya Tbk (PADA) and telecommunications company PT Telkom Indonesia (Persero) Tbk (TLKM), followed WEGE with net volumes of roughly -26 million shares. Even so, TLKM gained 82.69 million shares in foreign sales, which is nearly twice as many as PADA, which got only about 46.17 million shares. The shares of PT Bakrie & Brothers Tbk (BNBR), an infrastructure and manufacturing issuer, also appeared to be trading in sizeable volumes, reaching 67.52 million with a net volume of roughly -20.54 million shares. Last but not least, foreign investors from PT Ramayana Lestari Sentosa Tbk (RALS), a modern retail issuer, released 17.56 million shares without purchasing many of them, reducing RALS' net volume to minus 17.19 million shares. (KD)
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