Foreign Investors Net Buy Rp 835.8 Billion in Morning Session; These Stocks Targeted
Jakarta — Indonesia’s Composite Stock Price Index (IHSG) plunged during morning trading on Monday, 9 March 2026.
The IHSG touched a low of minus 5.2% at the 7,156 level before trimming losses to close the morning session down 3.49%, or 264 points, at 7,321.07.
Based on trading data, 717 stocks declined, 63 stocks rose, and 36 stocks remained unchanged, reflecting significant selling pressure across the exchange. Transaction value reached Rp 13.94 trillion with a volume of 31.15 billion shares traded across 1.61 million transactions.
Despite IHSG weakness, foreign investors recorded net foreign purchases across the market. Data showed foreign investors made purchases of Rp 4.8 trillion and sales of Rp 4 trillion, resulting in net foreign buy of Rp 835.8 billion in the morning session.
Among the shares most heavily accumulated by foreign investors were:
PT Petrosea Tbk (PTRO): Rp 146.4 billion
PT Bumi Resources Tbk (BUMI): Rp 131.5 billion
PT Bank Negara Indonesia (Persero) Tbk (BBNI): Rp 79.8 billion
PT GoTo Gojek Tokopedia Tbk (GOTO): Rp 72.4 billion
PT Darma Henwa Tbk (DEWA): Rp 68.1 billion
Additionally, commodity shares such as Merdeka Copper Gold (MDKA), Alamtri Resources Indonesia (ADRO), Barito Pacific (BRPT), Indo Tambangraya Megah (ITMG), and Bumi Resources Minerals (BRMS) also featured prominently in foreign investor purchases.
Conversely, the largest foreign selling was recorded in banking stocks and several blue-chip shares, including:
PT Bank Mandiri (Persero) Tbk (BMRI): Rp 98.5 billion
PT Aneka Tambang (Persero) Tbk (ANTM): Rp 88.6 billion
PT Energi Mega Persada Tbk (ENRG): Rp 52.7 billion
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI): Rp 46.8 billion
PT Indofood Sukses Makmur Tbk (INDF): Rp 19.6 billion
In terms of index movement, all trading sectors were in negative territory, with the most significant corrections occurring in the industrial and non-essential consumer sectors.
Large-cap stocks also served as primary weights on the IHSG during the morning session, including BBCA, BYAN, TLKM, BMRI, and BREN.
The IHSG correction occurred amid volatile global sentiment, including rising crude oil prices and heightened geopolitical tensions triggering risk-off positioning in financial markets.