Welcoming window dressing, these stocks are widely collected by foreigners when the JCI is corrected

Reporter: Novice Laoli | Editor: Novice Laoli

KONTAN.CO.ID – JAKARTA. Composite Stock Price Index (IHSG) closed in the red at the end of this week’s trading. Citing data from the Indonesia Stock Exchange (IDX) via RTI Business, Friday (12/3), the JCI slumped 45.31 points or 0.69% to 6,538,506.

Meanwhile, in a week, the JCI fell 0.35%.

Eight of the 11 sectors on the IDX were listed as parking in the red zone this weekend. The industrial sector fell the most by 1.33%. Then the primary consumer sector slumped 1.00%. The financial sector weakened 0.79%. The infrastructure sector fell 0.68% and the technology sector lost 0.47%.

Then the health sector was also cut by 0.29%, followed by the raw goods sector by 0.14%, and the transportation sector fell by 0.03%. Only three sectors strengthened, namely the non-primary consumer goods sector at 0.88%, the property and real estate sector at 0.67% and the energy sector at 0.25%.

Also Read: JCI parks in the red zone, many foreigners sell these stocks on the weekend

The total volume of stock trading on the IDX on Friday reached 22.12 billion shares with a total transaction value of Rp 11.44 trillion. There were 284 stocks that fell, 233 stocks that rose and 144 stocks that were stagnant.

Foreign investors recorded a net sell of Rp 545.13 billion in all markets. However, foreigners recorded the largest net buys on these stocks when the JCI was in the red zone.

Foreign investors recorded the largest net buy in shares of PT MNC Studios International Tbk (MSIN) of Rp 67.6 billion. MSIN’s shares shot up 24.79% to Rp 730 per share. The total trading volume of MNCN shares reached 243.95 million with a total transaction value of Rp. 148.3 billion.

Foreigners also bought up shares of PT Telkom Indonesia Tbk (TLKM) of Rp 51.8 billion. However, TKLM’s shares fell 2.16% to Rp 4,070 per share. The total trading volume of TLKM shares reached 101.95 million with a total transaction value of Rp 418.5 billion.

Also Read: JCI fell 0.69% to 6,538 at the end of trading Friday (3/12)

Shares of PT BFI Finance Indonesia Tbk (BFIN) is also being hunted by foreigners for Rp. 18.2 billion. BFIN shares closed up 1.55% to Rp 985 per share. The total trading volume of BFIN shares reached 27.44 million with a total transaction value of Rp. 26.9 billion.

Here are 10 stocks net buy biggest foreign on Friday: