Home » today » Business » Foreigners Still Buy Big Cap Bank Trio, ADRO-ITMG Stock Sale

Foreigners Still Buy Big Cap Bank Trio, ADRO-ITMG Stock Sale

Jakarta, CNBC Indonesia The Composite Stock Price Index (JCI) closed green again on Tuesday (12/10/2021), although in the end, the JCI failed to penetrate the psychological level of 6,500.

The national benchmark stock exchange index closed up 0.41% to 6,486.27. In the first trading session at 10:30 WIB, the JCI had touched the psychological level of 6,500, but this did not last long and the JCI failed to penetrate the psychological level again.

Trade data noted that today’s transaction value rose to Rp 19 trillion. Foreign investors are recorded as still making net purchases (net buy) as much as Rp 1.2 trillion in the regular market. A total of 233 stocks rose, 279 stocks weakened and 151 others were stagnant.

As of today, foreigners are still buying up three shares of the largest market capitalized bank (big cap). As for the three bank shares big cap These are shares of PT Bank Rakyat Indonesia Tbk (BBRI) which were bought up by foreigners amounting to Rp. 471 billion, shares of PT Bank Mandiri Tbk. (BMRI) which reached Rp. 329 billion, and shares of PT Bank Central Asia Tbk (BBCA) of Rp. 133 billion.

In addition to hunting for three bank stocks big cap, foreigners also collect one stock big cap telecommunications, namely PT Telekomunikasi Indonesiat Tbk (TLKM).

Foreigners are also recorded to have collected gold mining shares of PT Merdeka Copper Gold Tbk (MDKA) and shares of mining heavy equipment issuer PT United Tractors Tbk (UNTR).

The following are stocks collected by foreign investors today.


Meanwhile, from net sales, foreigners are listed as releasing one bank share big cap, namely PT Bank Negara Indonesia Tbk (BBNI).

In addition, the majority of foreigners sold shares of coal mining issuers, namely PT Adaro Energy Tbk (ADRO) and PT Indo Tambangraya Megah Tbk (ITMG).

Foreigners are also listed as releasing shares in energy consultant PT ABM Investama Tbk (ABMM) and shares startup e-commerce PT Bukalapak.com Tbk (OPEN).

The shares released by foreign investors today are:

Net Sell Asing

Early this morning, Indonesian time, Wall Street closed down. The Dow Jones Industrial Index fell 0.72%. Meanwhile, the S&P 500 and Nasdaq Composite shed more than 0.6% each.

On the other hand, investors continue to monitor the development of financial problems from the second largest property company in China, namely Evergrande Group.

For now, Evergrande’s overseas bondholders will still be watching and preparing for bad news about the $148 million corporate bond coupon payment that fell on Monday.

However, the hopes of foreign bondholders to receive semi-annual payments for foreign bonds maturing in April 2022, April 2023 and April 2024 seem to be kept in the dark as Evergrande currently prioritizes domestic creditors.

Meanwhile, the energy crisis, which has not yet subsided, has also become market sentiment today, where the energy crisis is said to have begun to spread to the United States (US).

According to records CNBC Indonesia, the Superpowers began to be seized with anxiety about the energy crisis. This can be seen from the limited supply of gas for the winter in the superpower.

Yesterday the global benchmark coal price rose more than 14% in a day. The increase in world coal prices can be a positive catalyst for the shares of domestic coal issuers.

Amidst the many global sentiments that tend to be negative, in fact there are also positive sentiments coming from within the country.

The addition of positive cases of Covid-19 in Indonesia on Monday (11/10) fell quite dramatically. Confirmation of positive cases of Covid-19 only increased by 620 cases. This number is similar to what happened at the beginning of the pandemic last around June 2020.

In official data quoted on Monday (11/10), positive cases added 620 to 4,228,552, then active cases decreased by 1,889 to 22,541. Then, recovered cases increased by 2,444 to 4,063,295. Finally, the number of deaths increased by 65 to 142,716.

CNBC INDONESIA RESEARCH TEAM

[Gambas:Video CNBC]

(chd / chd)



– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.