Foreign Investors Hunt These Shares Amid IDX Composite Plunge

Amid pressure that caused the Composite Stock Price Index (IHSG) to close down 1.89% on Tuesday (8/7/2026), foreign investors were still accumulating shares in a number of large-capitalisation companies, especially in the banking sector. Based on Indonesia Stock Exchange (IDX) trading data, foreign investors recorded a net sell of Rp689.3 billion across all markets. Despite this, several stocks saw net foreign buying. Bank Central Asia (BBCA) was the top target for foreign investors with a net buy of Rp251.9 billion. In second place was PT Telkom Indonesia (Persero) Tbk. (TLKM) with a net buy of Rp41 billion, followed by PT Barito Pacific Tbk. (BRPT) at Rp33.3 billion and PT Bank Mandiri (Persero) Tbk. (BMRI) at Rp15.5 billion. PT GoTo Gojek Tokopedia Tbk. (GOTO) also recorded a foreign net buy of Rp12.5 billion. The full list of the top 10 stocks with the largest foreign net buys includes PT Nitrasanata Dharma Tbk. (JECX) at Rp9.8 billion, PT Bukit Uluwatu Villa Tbk. (BUVA) at Rp9.2 billion, PT Bakrie & Brothers Tbk. (BNBR) at Rp8 billion, and PT United Tractors Tbk. (UNTR) at Rp7.9 billion, with PT Vale Indonesia Tbk. (INCO) rounding out the list at Rp6.9 billion.