Foreign Investors Sell BBCA, BMRI, and PTRO Shares Despite IHSG Closing Higher
JAKARTA - The Composite Stock Price Index (IHSG) strengthened at the close of trading on Thursday (7/5/2026), amid continued heavy selling by foreign investors in the domestic stock market.
Based on data from the Indonesia Stock Exchange (BEI), the IHSG closed up 81.854 points or 1.15% at the level of 7,174.321. Although the index rose, foreign investors recorded a net sell of Rp 360 billion in the regular market.
Meanwhile, in the cash market and negotiation market, there was a net buy by foreigners amounting to Rp 283.95 billion.
Shares of PT Bank Mandiri (Persero) Tbk (BMRI) became the stock with the largest net sell by foreign investors at Rp 316 billion.
Net sell actions by foreigners were also recorded on shares of PT Barito Pacific Tbk (BRPT) at Rp 128 billion, PT Petrosea Tbk (PTRO) Rp 98 billion, PT Bank Central Asia Tbk (BBCA) Rp 83 billion, and PT Amman Mineral Internasional Tbk (AMMN) Rp 57 billion.
A strengthening also occurred in BMRI shares, which rose 2.88% or 130 points to the Rp 4,640 area. BMRI shares moved consistently in the green zone throughout the trading session and briefly touched a high of Rp 4,640.
BRPT shares closed weaker by 5.68% or down 130 points to the level of Rp 2,160. Throughout the trading, BRPT briefly reached a high of Rp 2,440 before continuously correcting to a low of Rp 2,140.
A correction was also experienced by PTRO shares, which fell 3.10% or 175 points to the Rp 5,475 area. PTRO shares briefly moved at a high of Rp 6,100 at the start of trading, but selling pressure caused the stock to drop to a low of Rp 5,375 before closing at Rp 5,475.
AMMN moved down almost throughout the trading from its daily high of Rp 5,125 to touching the Rp 4,640 area towards market close.
On the other hand, shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) became the main target of foreign investors with a net buy value of Rp 335 billion.
Besides BBRI, the stocks that also experienced the largest net buy by foreigners were PT Timah Tbk (TINS) Rp 77 billion, PT GoTo Gojek Tokopedia Tbk (GOTO) Rp 68 billion, PT Bank Negara Indonesia (Persero) Tbk (BBNI) Rp 45 billion, and PT Pantai Indah Kapuk Dua Tbk (PANI) Rp 34 billion.