Foreign Investors Accumulate Bank Stocks for Five Consecutive Days

Foreign investors have been recorded accumulating banking stocks over the last five trading days. Four major banks—PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Central Asia Tbk (BBCA), PT Bank Mandiri (Persero) Tbk (BMRI), and PT Bank Negara Indonesia (Persero) Tbk (BBNI)—were the primary targets of foreign investor purchases.

Based on trading data from 28 August to 3 September 2026, foreign investors recorded a net buy in these four jumbo bank stocks, reaching a total of approximately Rp3.87 trillion. BBRI was the most collected bank stock by foreigners, with a net buy of Rp1.41 trillion during this period. This was followed by BBCA with a net buy of Rp1.20 trillion and BMRI with Rp1.01 trillion.

Meanwhile, BBNI recorded a foreign net buy of Rp261.4 billion. Consequently, the three largest banks—BBRI, BBCA, and BMRI—contributed approximately Rp3.61 trillion of the total foreign accumulation across the four banks.

Interestingly, this accumulation occurred amidst a shift in foreign investor sentiment towards the overall stock market. On Thursday (3/9/2026) alone, foreign investors recorded a net buy of Rp1.07 trillion, with a purchase value of Rp6.22 trillion against sales of Rp5.15 trillion. BMRI saw the largest net buy at Rp471.4 billion, followed by BBCA at Rp207.1 billion and BBNI at Rp87.4 billion. BBRI also appeared on the list of collected stocks with a net buy of Rp35.1 billion.

Over the last five days, the Jakarta Composite Index (IHSG) has strengthened by 2.02% to the level of 6,667.89, with the financial sector, particularly banking, serving as a primary engine of growth. Market activity has also been quite robust in recent days; yesterday’s transaction value reached Rp18.6 trillion, involving 39.3 billion shares across 2.47 million transactions.

For further detail, here are the top 10 stocks with the largest foreign net buys:

• PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Rp1.41 trillion

• PT Bank Central Asia Tbk (BBCA) - Rp1.19 trillion

• PT Bank Mandiri (Persero) Tbk (BMRI) - Rp1 trillion

• PT Bank Negara Indonesia (Persero) Tbk (BBNI) - Rp261.4 billion

• PT Chandra Asri Pacific Tbk (TPIA) - Rp238.8 billion

• PT Abadi Lestari Indonesia Tbk (RLCO) - Rp180.8 billion

• PT Dian Swastatika Sentosa Tbk (DSSA) - Rp168.1 billion

• PT Triputra Agro Persada Tbk (TAPG) - Rp147.6 billion

• PT Merdeka Battery Materials Tbk (MBMA) - Rp140.2 billion

• PT Erajaya Swasembada Tbk (ERAA) - Rp126.9 billion