Analisis Pemilihan Saham oleh Investor Asing di Bursa Efek Indonesia

The first objective of this study is to analyze what kind of sector industry which is selected by foreign investorin Indonesia. Second, to analyze what kind of financial firm characteristic of stocks which is selected by foreign investor.This study used a quantitative approach by using secondary data from financial reports and historical data from IndonesianStock Exchange. Researcher used multivariate regression to analyze the correlation between stocks selected by foreigninvestor with financial firm characteristic. Based on the result, foreign investor are overweight stocks from ConsumerGoods Industry. Dividend yield, beta, and book to market are financial firm characteristic which is significantly influencethe stock selection by foreign investor