Foreign Net Selling Shrinks, Two Stocks Most Heavily Bought

Foreign net selling activity shrank at the end of the first trading session today, Tuesday (5/5/2026), compared to previous days. Foreign investors recorded a net sell of Rp102.6 billion across the entire market. In yesterday’s first session trading, foreigners did record a net buy of Rp2.3 trillion, but it should be noted that Rp2.6 trillion of that occurred in the negotiated market. Last week, foreigners recorded a net sell of Rp8 trillion, or an average of Rp2 trillion per day. Today, foreigners sold the most shares in GOTO, with a net sell of Rp166.9 billion. This coincides with the government’s plan to adjust the commission cut for drivers to just 8%. The stock that also recorded a significant net sell is Bank Mandiri (BMRI) at Rp146.7 billion. Here are the 10 stocks with the largest net foreign sells in the first session: - PT GoTo Gojek Tokopedia Tbk (GOTO) - Rp166.9 billion - PT Bank Mandiri (Persero) Tbk (BMRI) - Rp146.7 billion - PT Aneka Tambang (Persero) Tbk (ANTM) - Rp70.8 billion - PT Bank Central Asia Tbk (BBCA) - Rp42.9 billion - PT Timah Tbk (TINS) - Rp30.3 billion - PT Telkom Indonesia (Persero) Tbk (TLKM) - Rp21.1 billion - PT Vale Indonesia Tbk (INCO) - Rp21 billion - PT Medco Energi Internasional Tbk (MEDC) - Rp20.1 billion - PT Adaro Andalan Indonesia Tbk (AADI) - Rp20 billion - PT Bakrie & Brothers Tbk (BNBR) - Rp19 billion Meanwhile, Bank Rakyat Indonesia (BBRI) became the stock most heavily bought by foreigners, with a net buy value of Rp261.3 billion. This was followed by Barito Pacific (BRPT) at Rp177.8 billion. Another state-owned bank that also made the net buy list is Bank Negara Indonesia (BBNI) at Rp21.9 billion. Here are the 10 stocks with the largest net foreign buys in the first session: - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Rp261.3 billion - PT Barito Pacific Tbk (BRPT) - Rp177.8 billion - PT DMS Propertindo Tbk (KOTA) - Rp62.2 billion - PT Bank Negara Indonesia (Persero) Tbk (BBNI) - Rp21.9 billion - PT Bukit Uluwatu Villa Tbk (BUVA) - Rp20 billion - PT Astrindo Nusantara Infrastruktur Tbk (BIPI) - Rp9.7 billion - PT Chandra Asri Pacific Tbk (TPIA) - Rp8.3 billion - PT Petrosea Tbk (PTRO) - Rp7.9 billion - PT Energi Mega Persada Tbk (ENRG) - Rp7.5 billion - PT Intermedia Capital Tbk (MDIA) - Rp7.3 billion Meanwhile, the Composite Stock Price Index (IHSG) strengthened by 0.83% or rose 57.90 points to 7,029.86 at the end of the first trading session today. The index, which opened in the red zone, slowly moved to the green zone following the announcement of economic growth data by the Central Statistics Agency. A total of 346 stocks rose, 297 fell, and 169 others were unchanged. The total share transaction value today reached Rp9.21 trillion, involving 25.34 billion shares in 1.47 million transactions. The market rise today was supported by significant increases in the basic industry sector by 1.68%, finance 1.48%, infrastructure 1.41%, transportation 1.20%, and energy at 0.86%. The Central Statistics Agency (BPS) reported that Indonesia’s economy in the first quarter of 2026 recorded growth of 5.61% year-on-year (yoy). This growth rate is higher than 5.39% in the fourth quarter of 2025 and the same period last year, or the first quarter of 2025, at 4.87% yoy. “Indonesia’s economic growth is 5.61% in the first quarter of 2026,” said BPS Head Amalia Adininggar Widyasanti during a press conference at the BPS Head Office, Jakarta, Tuesday (5/5/2026).