Foreign Selling Pressure Remains Heavy, Net Sell Hits Rp777.1 Billion in First Session

Foreign investors continued their net selling action on the Indonesian stock market during the first trading session on Monday (22/6/2026), even though the Jakarta Composite Index (IHSG) opened stronger. Based on trading data up to the close of the first session, foreign investors recorded share purchases worth Rp2.4 trillion. However, the value of sales reached Rp3.2 trillion, resulting in a net sell of Rp777.1 billion across all markets. The largest foreign selling occurred in large-cap banking stocks. Shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) were the most heavily offloaded by foreign investors, with a net sell value of Rp126.9 billion. Next was PT Chandra Asri Pacific Tbk (TPIA), which recorded a net sell of Rp115.3 billion, followed by PT Bank Central Asia Tbk (BBCA) at Rp100.6 billion and PT Bank Mandiri (Persero) Tbk (BMRI) at Rp82.7 billion. Shares of PT Telkom Indonesia (Persero) Tbk (TLKM) also made the list of the most sold by foreign investors, with a value reaching Rp77.6 billion, while PT Bank Negara Indonesia (Persero) Tbk (BBNI) recorded a net sell of Rp50.3 billion. Beyond the banking sector, foreign investors also sold PT Amman Mineral Internasional Tbk (AMMN) for Rp41.9 billion, PT Adaro Andalan Indonesia Tbk (AADI) for Rp37.4 billion, PT Barito Pacific Tbk (BRPT) for Rp33.7 billion, and PT Merdeka Gold Resources Tbk (EMAS) for Rp32.3 billion. On the other hand, commodity-based shares were targeted by foreign investors. PT Aneka Tambang Tbk (ANTM) topped the list of top foreign buys with a net purchase value of Rp97.1 billion. It was followed by PT Timah Tbk (TINS) at Rp78.5 billion and PT Bukit Asam Tbk (PTBA) at Rp17.6 billion. Other shares hunted by foreign investors included PT Gudang Garam Tbk (GGRM), PT Barito Renewables Energy Tbk (BREN), PT Alamtri Resources Indonesia Tbk (ADRO), PT Rukun Raharja Tbk (RAJA), PT Sumber Alfaria Trijaya Tbk (AMRT), PT Buana Lintas Lautan Tbk (BULL), and PT Vale Indonesia Tbk (INCO). Meanwhile, the Jakarta Composite Index (IHSG) started the week in the red zone despite improving market sentiment. At the close of the first session on Monday (22/6/2026), the IHSG plunged 1.25% or 77.21 points to a level of 6,099.92.