IHSG Plunges 2.86%, Foreign Investors Sell Shares in BMRI to BREN

JAKARTA - The Composite Stock Price Index (IHSG) closed sharply down at the end of trading on Friday (8/5/2026). The weakening occurred amid intense selling by foreign investors and rising geopolitical sentiment in the Middle East. According to data from the Indonesia Stock Exchange (BEI), the IHSG closed down 204.925 points or 2.86% at the level of 6,969.396. This sharp correction caused the IHSG to fall back below the psychological level of 7,000. Foreign investors recorded a net sell of Rp 485 billion in the regular market. Besides BMRI, stocks heavily sold by foreign investors included PT Bumi Resources Tbk (BUMI) at Rp 83 billion, PT Timah Tbk (TINS) at Rp 76 billion, PT Barito Renewables Energy Tbk (BREN) at Rp 73 billion, and PT Alamtri Resources Indonesia Tbk (ADRO) at Rp 68 billion. On the other hand, foreign investors still recorded net buys on several leading stocks. Shares of PT Bank Rakyat Indonesia Tbk (BBRI) became the stock with the largest net buy at Rp 177 billion. This was followed by PT Merdeka Copper Gold Tbk (MDKA) at Rp 134 billion, PT Telkom Indonesia Tbk (TLKM) at Rp 105 billion, PT Astra International Tbk (ASII) at Rp 65 billion, and PT Mitra Adiperkasa Tbk (MAPI) at Rp 35 billion. The IHSG opened at 7,182.961 and briefly touched the day’s high of 7,186.830. Trading activity was brisk with a transaction volume of 56.349 billion shares. The transaction value was recorded at Rp 36.095 trillion with a trading frequency of 2,828,918 transactions. In terms of stock movements, 133 stocks strengthened, 575 weakened, and 108 were stagnant. The Indonesia Stock Exchange’s market capitalisation also fell to Rp 12.431 trillion.