Foreign Net Selling Increases, These Are the Stocks Most Sold Yesterday

Foreign investors recorded a jumbo net foreign sell of Rp1.28 trillion across the entire market during trading on Tuesday (31/3/2026). This figure is larger than the previous day, which was Rp686 billion. This selling action was still observed targeting several big-cap stocks, particularly in the banking and commodities sectors. Bank Rakyat Indonesia (BBRI) shares were the most released by foreigners with a value of Rp290.2 billion. This was followed by PT Merdeka Copper Gold Tbk (MDKA) at Rp118 billion and PT Bumi Resources Minerals Tbk (BRMS) at Rp110 billion. Not only that, shares such as ANTM, GOTO, and CUAN also entered the foreign selling radar. Overall, the transaction value reached Rp13.23 trillion, with total foreign buying of Rp5.97 trillion and selling of Rp7.25 trillion. For more details, here is the list of the top 10 stocks with the largest net foreign sell: - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Rp290.2 billion - PT Merdeka Copper Gold Tbk (MDKA) - Rp118 billion - PT Bumi Resources Minerals Tbk (BRMS) - Rp110 billion - PT Bumi Resources Tbk (BUMI) - Rp88.1 billion - PT Bank Negara Indonesia (Persero) Tbk (BBNI) - Rp73.7 billion - PT Merdeka Battery Materials Tbk (MBMA) - Rp66.9 billion - PT Medco Energi Internasional Tbk (MEDC) - Rp55 billion - PT Bank Central Asia Tbk (BBCA) - Rp51.4 billion - PT Perusahaan Gas Negara Tbk (PGAS) - Rp46.3 billion - PT Darma Henwa Tbk (DEWA) - Rp42 billion Meanwhile, the Composite Stock Price Index (IHSG) once again closed in the red zone. The IHSG closed down 0.61% or -43.45 points to the level of 7,048.22. A total of 270 stocks rose, 435 fell, and 253 remained unchanged. The transaction value reached Rp14.92 trillion, involving 25.73 billion shares in 1.72 million transactions. Throughout the day, the IHSG’s volatility was quite high. The IHSG started trading in the green zone but then plunged into the red zone. The IHSG ultimately closed session 1 with a correction, after previously strengthening somewhat. Citing Refinitiv, utilities, energy, and industrials became the sectors that experienced the largest corrections. This was in line with stocks such as Barito Renewables Energy (BREN), Bayan Resources (BYAN), and Energi Mega Persada (ENRG) which became the main burdens on the IHSG.