Foreign Funds Exit Rp2.9 Trillion, IHSG Under Pressure
Jakarta, CNBC Indonesia — Foreign investors continued their net selling actions in the Indonesian stock market throughout the period from 30 March to 2 April 2026, amid the weakening of the Composite Stock Price Index (IHSG) and a decline in transaction activity.
According to data from the Indonesia Stock Exchange (BEI), foreign investors recorded a net sell of Rp2.95 trillion over the week. Overall, the value of foreign purchases was recorded at Rp21.82 trillion, while sales reached Rp24.76 trillion.
In line with the outflow of foreign funds, the IHSG also corrected by 0.99% weekly to the level of 7,026.78 from the previous position of 7,097.05. Throughout the week, the index touched a high of 7,207.16 and a low of 6,945.50, indicating still quite high volatility amid unstable market sentiment.
Not only that, the weakening of the IHSG was also accompanied by a significant decline in trading activity. The average daily transaction value plunged by 36.69%, while the transaction volume fell by 8.62%. Market capitalisation also eroded by 1.69% to Rp12,305 trillion.
Foreign selling pressure was concentrated on large-cap stocks, particularly in the banking and commodities sectors. Large bank stocks such as BBRI, BBCA, BMRI, and BBNI were recorded as the main drags on the IHSG’s movement throughout the week, in line with the intense foreign distribution actions. In addition, several commodity-based stocks such as ANTM, MDKA, and ENRG also entered the list of stocks most released by foreign investors.
On a sectoral basis, this condition is reflected in the weakening of the financial sector which fell 2.23%, followed by the basic materials sector which dropped 1.84% and the energy sector which weakened by 1.52%. On the other hand, the non-primary consumer sector and the industrial sector were still able to record gains of 6.58% and 3.35% respectively.
In detail, here are the 10 stocks with the largest net foreign sell in trading from 30 March to 2 April 2026:
PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) - Rp1.29 trillion
PT Bank Mandiri (Persero) Tbk. (BMRI) - Rp781.1 billion
PT Aneka Tambang Tbk. (ANTM) - Rp205.1 billion
PT Bank Negara Indonesia (Persero) Tbk. (BBNI) - Rp197.3 billion
PT Darma Henwa Tbk. (DEWA) - Rp170.6 billion
PT Bank Central Asia Tbk. (BBCA) - Rp168.8 billion
PT Petrosea Tbk. (PTRO) - Rp151.6 billion
PT Petrindo Jaya Kreasi Tbk. (CUAN) - Rp145.8 billion
PT Energi Mega Persada Tbk. (ENRG) - Rp118.8 billion
PT Merdeka Copper Gold Tbk. (MDKA) - Rp104.5 billion