Foreign Net Sell IDR 400 Billion, Pay Attention to Stocks That Are Being Sold Off



KONTAN.CO.ID - JAKARTA. Amidst the rise of the Composite Stock Price Index (IHSG) in Monday's (29/4) trading, foreign investors continue to record a net sell. 

At the start of this week, the IHSG surged in the green zone throughout the trading session, despite opening in the red zone.

Citing data from the Indonesia Stock Exchange (IDX), the IHSG closed up 119.70 points or rose 1.70% to the level of 7,155.78. The IHSG's momentum was supported by the rise of 10 sectors out of a total of 11 sectors in the IDX. 


The highest rising sector was health at 4.20%, followed by the energy sector at 2.46%, and the raw materials sector at 2.35%.

Baca Juga: Indonesia's GoTo Posts Q1 Adjusted EBITDA at $6.28 Million

Then, the infrastructure sector rose by 1.86%, the industrial sector by 1.30%, the technology sector by 1.30%, the primary consumer goods sector by 1.15%, the financial sector by 0.80%, the property and real estate sector by 0.73% and the non-primary consumer goods sector by 0.71%. Only the transportation sector fell by 0.76%.

The rise in the IHSG was supported by a total trading volume of 16.64 billion with a transaction value of 12.39 trillion. 304 stocks rose, 257 stocks that fell, and 221 stocks that remained unchanged or stagnant.

Although the IHSG strengthened, foreign investors still recorded a net sell at the start of this week amounting to Rp 400.95 billion across all markets. However, foreign investors also pursued these stocks at the start of the week.

Baca Juga: Spot Rupiah Closes Weaker at Rp 16,255 Per US Dollar Today (29/4)

Here are the 10 largest foreign net sell stocks on Monday:

1. PT Bank Rakyat Indonesia Tbk (BBRI) Rp 1.02 trillion 2. PT XL Axia Tbk (EXCL) Rp 35.47 billion 3. PT Telkom Indonesia Tbk (TLKM) Rp 34.18 billion 4. PT Bank Negara Indonesia Tbk (BBNI) Rp 22.18 billion 5. PT Petrindo Jaya Kreasi Tbk (CUAN) Rp 16.17 billion 6. PT Amman Mineral Internasional Tbk (AMMN) Rp 12.77 billion 7. PT Bukalapak.com Tbk (BUKA) Rp 10.31 billion 8. PT Unilever Indonesia Tbk (UNVR) Rp 7.41 billion 9. PT Kalbe Farma Tbk (KLBF) Rp 5.93 billion 10. PT Sumber Alfaria Trijaya Tbk (AMRT) Rp 4.68 billion

 
BBRI Chart by TradingView

Editor: Syamsul Azhar