JP Morgan's Maneuver in GOTO Stocks as MSCI Warning Sparks Broad Selloffs
JP Morgan increased its stake in GOTO stocks amid a broad selloff triggered by MSCI's warning. Despite foreign selling pressure, analysts remain positive on GOTO.
(Bisnis.Com) 01/01/70 07:00 118624
Bisnis.com, JAKARTA — JPMorgan Chase & Co., a prominent global institutional investor, was seen accumulating PT GoTo Gojek Tokopedia Tbk. stocks during Wednesday’s trading session (1/28/2026), when Indonesia’s equity market faced heavy selloffs following Morgan Stanley Capital International’s (MSCI) announcement.
Bloomberg data dated Wednesday (1/28/2026) show that JPMorgan Chase & Co. increased its stake in GOTO by 62.45 million shares in that session alone. This transaction lifted the US investment bank’s total ownership to 4.22 billion shares, representing 0.37% of the company’s outstanding equity.
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