Indonesian Political, Business & Finance News

Foreign Investors Spotted Offloading These Shares as JCI Rises 1.69%

| Source: CNBC Translated from Indonesian | Finance
Foreign Investors Spotted Offloading These Shares as JCI Rises 1.69%
Image: CNBC

Foreign investors carried out selling actions on a number of shares on the Indonesia Stock Exchange (BEI) ahead of the announcement of the Morgan Stanley Capital International (MSCI) August 2026 Index Review results.

Based on trading data for 12 August 2026, a number of shares recorded large foreign net sells. PT Bank Mandiri (Persero) Tbk (BMRI) was the share most heavily offloaded by foreign investors, with a net sell reaching Rp245.7 billion.

Next, PT Telkom Indonesia (Persero) Tbk (TLKM) recorded a foreign net sell of Rp98.4 billion. The following positions were occupied by PT Medco Energi Internasional Tbk (MEDC) with Rp31 billion and PT United Tractors Tbk (UNTR) with Rp27.9 billion.

Foreign investors also offloaded shares of PT Merdeka Copper Gold Tbk (MDKA) amounting to Rp25.4 billion, PT Aneka Tambang Tbk (ANTM) Rp24.9 billion, and PT DMS Propertindo Tbk (KOTA) Rp20.3 billion.

The selling occurred as the market awaited the results of the MSCI August 2026 Index Review. In trading on Wednesday (12/8/2026), foreign investors overall still recorded a net buy of Rp725.4 billion in the Indonesian stock market.

This means the selling of these shares more reflects portfolio rotation amid heightened investor attention on the MSCI decision, rather than a wholesale exit from the Indonesian stock market.

In full, the following are the 10 shares with the largest foreign net sells in yesterday’s trading:

  • PT Bank Mandiri (Persero) Tbk. (BMRI) - Rp245.71 billion

  • PT Telkom Indonesia (Persero) Tbk. (TLKM) - Rp98.39 billion

  • PT Medco Energi Internasional Tbk. (MEDC) - Rp30.96 billion

  • PT United Tractors Tbk. (UNTR) - Rp27.94 billion

  • PT Merdeka Copper Gold Tbk. (MDKA) - Rp25.39 billion

  • PT Aneka Tambang Tbk. (ANTM) - Rp24.88 billion

  • PT DMS Propertindo Tbk. (KOTA) - Rp20.26 billion

  • PT Perusahaan Gas Negara Tbk. (PGAS) - Rp19.44 billion

  • PT Kalbe Farma Tbk. (KLBF) - Rp19.32 billion

  • PT Adaro Andalan Indonesia Tbk. (AADI) - Rp17.38 billion

The Jakarta Composite Index (IHSG) closed yesterday’s trading with a gain of 1.68% at 6,373.85. A total of 474 shares rose, 185 fell, and 304 were unchanged.

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