Foreign Investors Dump Energy Stocks, But Quietly Accumulate These Shares

Foreign investors were recorded to have executed a net sell in the domestic stock market in the first session of Thursday, 5 March 2026. However, amid selling pressure, foreigners quietly accumulated a number of specific shares. According to intraday foreign investor transaction data, total foreign purchases amounted to Rp2.9 trillion, while sales reached Rp3.1 trillion. Thus, foreigners posted a net sell of around Rp244.7 billion in the session.

Interestingly, the foreign selling in the first session was concentrated in energy and commodity stocks. Shares of PT Bumi Resources Tbk (BUMI) were the most sold by foreigners with a net sale of around Rp61.9 billion. In the next positions were PT Petrindo Jaya Kreasi Tbk (CUAN) with a net sale of Rp47.6 billion and PT Petrosea Tbk (PTRO) Rp43.2 billion. In addition, foreign investors were recorded selling PT Medco Energi Internasional Tbk (MEDC) by Rp33.6 billion and PT Alam Tri Resources Indonesia Tbk (ADRO) by about Rp29.6 billion.

Moreover, metal mining stocks also entered the foreign selling list, such as PT Timah Tbk (TINS) and PT Vale Indonesia Tbk (INCO).

On the other hand, foreigners actually bought several other stocks, including big-cap names. PT Astra International Tbk (ASII) was among the shares most heavily bought by foreigners, around Rp43.7 billion. Bank Mandiri (BMRI) was bought by foreigners around Rp40.9 billion. PT United Tractors Tbk (UNTR) shares were also in the list of assets accumulated by foreigners, with purchases around Rp38.3 billion. Meanwhile, PT Astrindo Nusantara Infrastruktur Tbk (BIPI) was recorded as the most bought by foreigners, with transactions reaching Rp61.5 billion.