Indonesian Political, Business & Finance News

IHSG Plummets 3% as Foreign Investors Offload Major Stocks

| Source: CNBC Translated from Indonesian | Finance
IHSG Plummets 3% as Foreign Investors Offload Major Stocks
Image: CNBC

Jakarta — Foreign investors undertook net selling activity across several major stocks during Monday’s (9 March 2026) trading, amid mounting pressure in the domestic equity market.

Based on Indonesia Stock Exchange (BEI) trading data, foreign investors recorded purchase value of Rp8.758 trillion and sale value of Rp7.648 trillion, resulting in net foreign buying of Rp1.11 trillion across the entire market. However, in several large-capitalisation stocks, foreign investors carried out distribution activity.

Banking stocks in the large-cap segment were most heavily offloaded by global investors during the session. Bank Mandiri (BMRI) recorded the largest net foreign sell among equities.

The following 10 stocks posted the largest net foreign selling during trading:

  • PT Bank Mandiri (Persero) Tbk (BMRI) - Rp269.7 billion

  • PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Rp170 billion

  • PT Indokripto Koin Semesta Tbk (COIN) - Rp137.1 billion

  • PT Darma Henwa Tbk (DEWA) - Rp107.4 billion

  • PT Bank Central Asia Tbk (BBCA) - Rp106.8 billion

  • PT Aneka Tambang Tbk (ANTM) - Rp73.5 billion

  • PT Energi Mega Persada Tbk (ENRG) - Rp51.1 billion

  • PT Indofood Sukses Makmur Tbk (INDF) - Rp34.9 billion

  • PT Amman Mineral Internasional Tbk (AMMN) - Rp25.3 billion

  • PT Essa Industries Indonesia Tbk (ESSA) - Rp24.2 billion

Foreign selling pressure on banking stocks such as BMRI, BBRI, and BBCA occurred amid a sharp decline in the Composite Index (IHSG) during yesterday’s trading.

The IHSG briefly plunged as far as 5.2% to the 7,156 level before finally reducing losses to -3.27% or down 248 points to 7,337.37 at market close.

A total of 708 stocks declined, 68 stocks rose, and 41 stocks remained flat, reflecting substantial selling pressure in the market. Transaction value reached Rp23.77 trillion with trading volume of 46.64 billion shares across 1.62 million transactions.

All trading sectors closed in negative territory, with the infrastructure and industrial sectors experiencing the steepest declines.

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