Foreign buy eases, net sell at 441 million shares
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JAKARTA — Foreign investor transactions on the Indonesia Stock Exchange were negative again on Thursday, June 5. In contrast to the net buy of 2.20 billion shares on the previous trading day, today's foreign net sell of 441.65 million shares represented a considerable decline.
Additionally, fewer foreign trades were made than on the previous trading day (4 June), when there were between 5 and 7 billion shares. Today, just 3.93 billion shares were purchased by foreign investors combined. Foreign investors registered a net sale of 441.65 million shares, with a sales volume (foreign sell) of approximately 4.37 billion.
With 459.96 million shares of net sell, PT Goto Gojek Tokopedia Tbk (GOTO) is in first place. GOTO foreign investors purchased 754.83 million, but they also sold more than 1.21 billion shares of the digital service's parent business.
After foreigners sold 155.25 million shares of this mining contractor and only purchased about 77.65 million, PT Darma Henwa Tbk (DEWA) followed with a net sell of 77.59 million shares.
After that, foreigners purchased 217.77 million shares of PT Merdeka Battery Materials Tbk (MBMA), a company that makes batteries for electric vehicles, but they also sold more than 274.55 million shares. MBMA made a net sell volume of 56.78 million shares.
With a net sell volume of roughly 42 million shares each, PT Aneka Tambang Tbk (ANTM), an issuer of metal ore mining, and PT Bukalapak.com Tbk (BUKA), an issuer of e-commerce, ended the top sell list.
Foreigners sold 87.61 million ANTM shares and purchased 45.07 million. In contrast, 53.56 million BUKA shares were sold, while just 11.60 million were purchased by foreigners.
However, with 280.71 million shares, PT Bumi Resources Minerals Tbk (BRMS) had the largest net buy today. This mineral mining issuer's foreign buy volume was 527.74 million shares, with a sales volume of approximately 247.02 million.
After foreigners purchased 258.04 million shares and sold 115.08 million, PT Barito Pacific Tbk (BRPT), an energy and industrial business, came in second with a net buy of 142.95 million shares.
PT MNC Land Tbk (KPIG), a property developer, had a net buy volume of 77.35 million shares. Foreign investors sold 280.18 million shares of KPIG and purchased up to 357.54 million.
With a net buy of almost 22 million shares apiece, national bank PT Bank Negara Indonesia (Persero) Tbk (BBNI) and oil and gas tanker business PT Buana Lintas Lautan Tbk (BULL) concluded the top buy list.
The two issuers' international buying and selling volumes were relatively similar, with about 29 million shares purchased and 6 million shares sold. (KD)