Net Buy Foreign Investor Capai Rp69.47 Trillion, Strong JCI Growth In The Top Position Of The Asian Stock Index

Illustration. (Photo: Doc. Antara)

JAKARTA - Foreign investors continue to show their interest in the Indonesian stock market. It is evident from the total net buy value recorded until September 30, 2022.

Citing information from the Indonesia Stock Exchange, Friday, September 30, the net buy value in the ten months of this year reached IDR 69.47 trillion. This record grew almost double or rose 82.96 percent from the total net buy throughout 2021 which was IDR 37.97 trillion.

Even so, the total transactions of foreign investors have not shifted the dominance of local investor transactions. Based on IDX data, local investor transactions as of September reached IDR 1,879.5 trillion or 68 percent of total transactions.

Meanwhile, the total transaction of foreign investors is equivalent to 32 percent or Rp. 889.8 trillion.

In the past week, the average daily transaction value on the IDX fell 1.55 percent to Rp13.91 trillion from Rp14.13 trillion the previous week. Likewise, transaction volume fell 17.03 percent to 23.29 billion shares from 28.07 billion shares the previous week.

Meanwhile, until September 30, the Composite Stock Price Index (JCI) has grown 6.98 percent year to date to 7.040.8 and confirmed its position as the top in the Asian and Asia Pacific stock indexes.

The market capitalization in this period reached IDR 9,238.08 trillion.