Foreign Transactions Sluggish, These Stocks Hit by Major Net Sell
Jakarta, CNBC Indonesia — Foreign investors once again recorded a jumbo net sell action in the Indonesian stock market on Tuesday’s trading (12/5/2026), amid increasing caution among market participants ahead of the announcement of the Morgan Stanley Capital International (MSCI) index review results.
Based on data from the Indonesia Stock Exchange (BEI), amid the sluggishness of foreign investor transactions, the net foreign sell reached Rp931.9 billion across the entire market. For information, the total transaction value on yesterday’s trading was Rp10.68 trillion, lower than the usual daily average of Rp14 trillion.
PT Aneka Tambang Tbk (ANTM) became the stock most heavily offloaded by foreigners, with a net sell value of Rp217.8 billion. Foreign investors recorded purchases of Rp106.4 billion, but the sell actions reached Rp324.1 billion.
In second place, shares of PT Bank Mandiri (Persero) Tbk (BMRI) were also hit by foreign selling amounting to Rp181.7 billion. The total transaction value for BMRI shares reached Rp1.35 trillion, making it one of the most actively traded stocks today.
Next, shares of PT Petrindo Jaya Kreasi Tbk (CUAN) recorded a net foreign sell of Rp174 billion, followed by PT Dian Swastatika Sentosa Tbk (DSSA) at Rp140.1 billion.
Not only coal and energy stocks, foreign selling also targeted other big-cap banking stocks such as PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) with a net sell of Rp57.2 billion and PT Bank Central Asia Tbk (BBCA) at Rp49.9 billion.
Here is the list of stocks with the largest net foreign sells from yesterday’s trading:
PT Aneka Tambang Tbk (ANTM) - Rp217.8 billion
PT Bank Mandiri (Persero) Tbk (BMRI) - Rp181.7 billion
PT Petrindo Jaya Kreasi Tbk (CUAN) - Rp174 billion
PT Dian Swastatika Sentosa Tbk (DSSA) - Rp140.1 billion
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Rp57.2 billion
PT Bumi Resources Tbk (BUMI) - Rp50.5 billion
PT Bank Central Asia Tbk (BBCA) - Rp49.9 billion
PT Central Omega Resources Tbk (DKFT) - Rp49.8 billion
PT Sanurhasta Mitra Tbk (MINA) - Rp43.9 billion
PT Astra International Tbk (ASII) - Rp42.8 billion
The Composite Stock Price Index (IHSG) fell again during today’s trading on Tuesday (12/5/2026), although it was initially strong at the market opening, where the IHSG surged strongly and even rose by 1%. However, at the end of the second session, the IHSG reversed direction and plummeted to 6,858.90, or down 0.68%.
As many as 463 stocks weakened, 207 strengthened, and 151 others were stagnant. The transaction value was recorded at Rp16.29 trillion, involving 32.97 billion shares in 2.53 million transactions.
In sectoral terms, the health sector was the biggest drag with a correction of 4.78%, followed by utilities at -2.24% and technology weakening by -4.08%.
From the stock perspective, PT Mora Telematika Indonesia Tbk (MORA) became the biggest weight on the IHSG with a contribution to the decline of 24.21 index points. MORA shares initially surged strongly with an increase of more than 15% and became the main driver of the IHSG. However, not long after, MORA plunged to hit the lower auto reject limit (ARB) of 15% at the level of 7,650.
Next, there is Astra International (ASII) which pressured the index by 7.98 points, PT Bayan Resources Tbk (BYAN) by 7.15 points, and PT Barito Renewables Energy Tbk (BREN) by 6.64 points.