Foreign Investors Sell Bank and Jumbo Conglomerate Shares, IHSG Closes Down at 6,905

JAKARTA, KOMPAS.com - Selling actions by foreign investors in banking stocks and large-capitalisation conglomerates further pressured the Composite Stock Price Index (IHSG) today. According to Indonesia Stock Exchange (BEI) data, the IHSG closed down 63.775 points or weakened by 0.92 per cent to 6,905.620 during trading on Monday (11/5/2026). Foreign investors conducted net selling amounting to Rp 659 billion. Shares of PT Bank Mandiri (Persero) Tbk (BMRI) became the issuer with the largest foreign net sell value, reaching Rp 335 billion. Next, shares of PT Dian Swastatika Sentosa Tbk (DSSA) recorded a net sell of Rp 116 billion, PT Barito Pacific Tbk (BRPT) Rp 90 billion. Then, shares of PT Bank Rakyat Indonesia Tbk (BBRI) Rp 60 billion, and PT Chandra Asri Pacific Tbk (TPIA) Rp 42 billion. Meanwhile, the selling pressure from foreign investors on blue-chip stocks was reflected in their sharp corrections on Monday. BMRI shares were pressured after plummeting 8.21 per cent or falling 380 points to 4,250. BRPT shares also closed weaker by 3.17 per cent or down 65 points to 1,985. BRPT shares fluctuated and touched an intraday high of 2,140 before correcting to below the psychological level of 2,000. BBRI shares also corrected by 1.84 per cent or down 60 points to 3,200. Meanwhile, TPIA shares faced considerable pressure after dropping 8.18 per cent or sliding 450 points to 5,050. On the other hand, foreign investors continued to accumulate several commodity and consumption-based stocks. Shares of PT Mitra Adiperkasa Tbk (MAPI) became the stock with the largest net buy, valued at Rp 83 billion. Followed by PT Alamtri Resources Indonesia Tbk (ADRO) Rp 48 billion, PT Vale Indonesia Tbk (INCO) Rp 44 billion, PT Astra International Tbk (ASII) Rp 38 billion, and PT Sanurhasta Mitra Tbk (MINA) Rp 23 billion.