Foreign Net Selling of Rp 1.28 Trillion Drags IHSG into the Red Zone

JAKARTA, KOMPAS.com - The Composite Stock Price Index (IHSG) closed in the red zone again during trading on Tuesday (31/3/2026), in line with the intense selling activity by foreign investors in the domestic stock market. According to data from the Indonesia Stock Exchange (BEI), the IHSG fell 0.61 percent or 43.44 points to 7,048.22 at the close of trading on Tuesday. Throughout the day, the index moved within a fairly wide range, with a high of 7,155.55 and a low of 7,031.10. The IHSG opened higher at 7,122.99, even touching the green zone at 7,155. However, increasing selling pressure caused the index to reverse direction and weaken towards the end of the session. Trading activity was quite brisk, with a volume of 27.26 billion shares and a transaction value of Rp 14.97 trillion. The frequency of trades reached 1.74 million transactions. In line with the index’s weakening, foreign investors recorded net selling of Rp 1.28 trillion across all markets. The breakdown shows net selling in the regular market reaching Rp 1.17 trillion, while in the cash and negotiation markets it was Rp 106.49 billion. Foreign selling pressure mainly occurred in several large-cap stocks. Shares of PT Bank Rakyat Indonesia Tbk (BBRI) were the most heavily offloaded, with a net selling value of Rp 290.2 billion. This was followed by PT Merdeka Copper Gold Tbk (MDKA) at Rp 118 billion and PT Bumi Resources Minerals Tbk (BRMS) at Rp 109.9 billion. On the other hand, foreigners still recorded limited net buying in some stocks. Shares of PT Indofood Sukses Makmur Tbk (INDF) saw the largest net buy at Rp 62.4 billion, followed by PT Bank Mandiri Tbk (BMRI) at Rp 39.3 billion, and PT Nusantara Sawit Sejahtera Tbk (NSSS) at Rp 25.4 billion.