IHSG Still Down, Peek at Foreign Investors' Moves in Session 1
Jakarta, CNBC Indonesia — The Indonesian stock market is still being offloaded by foreign investors. This is reflected in the net sell of Rp 513.4 billion during the morning trading session today, Thursday (16/4/2026). Foreign buying value reached Rp 3.2 trillion, while selling value hit Rp 3.7 trillion.
The foreign selling action primarily targeted large-cap stocks (big caps), especially in the banking and energy sectors.
The stocks most heavily sold by foreigners were PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) with a net sell value of Rp 157.9 billion, followed by PT Bank Central Asia Tbk (BBCA) at Rp 96.7 billion and PT Bank Mandiri (Persero) Tbk (BMRI) at Rp 84.9 billion.
Besides the financial sector, selling pressure also hit energy and commodity stocks. PT Bumi Resources Tbk (BUMI) was sold by foreigners for Rp 77 billion, followed by PT Dian Swastatika Sentosa Tbk (DSSA) at Rp 32.1 billion, and PT Barito Renewables Energy Tbk (BREN) at Rp 27.6 billion.
Additionally, selling was seen in mining stocks such as PT Aneka Tambang Tbk (ANTM) at Rp 25.3 billion and PT Merdeka Copper Gold Tbk (MDKA) at Rp 20 billion. Furthermore, PT Energi Mega Persada Tbk (ENRG) and PT Bukit Uluwatu Villa Tbk (BUVA) were also heavily abandoned by foreigners.
On the other hand, foreign investors still recorded purchases in several stocks, particularly from the energy, telecommunications, and consumer sectors. PT Petrindo Jaya Kreasi Tbk (CUAN) became the most targeted stock by foreigners with a value of Rp 69.3 billion, followed by PT Merdeka Gold Resources Tbk (EMAS) at Rp 40.2 billion.
Followed by PT Bakrie and Brother Tbk (BNBR) recording a purchase of Rp 26.2 billion and PT Astrindo Nusantara Infrastruktur Tbk (BIPI) at Rp 23 billion, as well as PT Telkom Indonesia (Persero) Tbk (TLKM) at Rp 22.8 billion.
Foreign investors also bought consumer stocks such as PT Indofood Sukses Makmur Tbk (INDF) at Rp 18.4 billion and the energy sector through PT Medco Energi Internasional Tbk (MEDC) at Rp 18.1 billion.
Additionally, the gold mining stock PT Bumi Resources Minerals Tbk (BRMS) was bought for Rp 16.6 billion, followed by PT United Tractors Tbk (UNTR) at Rp 14.7 billion. Furthermore, PT Chandra Daya Investasi Tbk (CDIA) also entered the net buy list with a value of Rp 12.6 billion.
Meanwhile, the Composite Stock Price Index (IHSG) closed the session 1 down 27.49 points or -0.36% at 7,596.10.
A total of 344 stocks rose, 340 fell, and 275 were unchanged. Transaction value reached Rp 10.74 trillion, involving 24.18 billion shares in 1.65 million transactions. Market capitalisation also declined to Rp 13,523 trillion.
This morning, the IHSG had risen more than 1%. Citing Refinitiv, the IHSG was supported by the healthcare sector, which rose 5.52%. This was in line with the stock of hospital issuer Dato Sri Tahir, Sejahteraraya Anugrahjaya (SRAJ), which soared 14.5% in session 1 to 15,000. SRAJ contributed 8.76 points to the IHSG.
However, about an hour into trading, stocks of Dian Swastatika Sentosa (DSSA) and Barito Renewables Energy (BREN) experienced quite deep corrections. DSSA fell 3.28% and BREN -3.88%, thus each dragging the IHSG by -9.7 points and -9.22 points.