JCI Falls 2.16%, Foreign Investors Flee Big Cap Stocks, Eye Commodity-Energy Shares

JAKARTA, KOMPAS.com - The Composite Stock Price Index (JCI) fell sharply due to net selling actions by foreign investors in several blue-chip or big cap stocks during trading on Thursday (23/4/2026). Based on data from the Indonesia Stock Exchange (IDX), foreign investors recorded a net sell of Rp 978.65 billion across the entire market. In the regular market, selling pressure even reached Rp 1.36 trillion, although in the cash and negotiated markets there was a net buy by foreigners amounting to Rp 385.80 billion. Foreign selling actions were focused on stocks with large market capitalisation or big caps. PT Bank Rakyat Indonesia Tbk (BBRI) became the stock with the largest selling pressure, amounting to Rp 633.1 billion, followed by PT Bank Mandiri Tbk (BMRI) at Rp 323.2 billion, and PT Astra International Tbk (ASII) at Rp 118.1 billion. Similar pressure also occurred on BMRI, which fell 2.53% to Rp 4,630 per share. This stock moved in a downward trend since the start of the session, from around Rp 4,770 until closing in the daily low area. Meanwhile, the deepest weakening occurred on ASII shares, which corrected 4.17% to Rp 6,325 per share. ASII opened around Rp 6,600 before experiencing sharp selling pressure and moving sideways in the lower area. Overall, the JCI closed under pressure throughout Thursday’s trading. From IDX data, the JCI weakened by 163.006 points or 2.16% to 7,378.606. The index opened at 7,564.418 and briefly touched a high of 7,582.502, before finally moving down to close at the daily low of 7,378.606. From a liquidity perspective, transaction activity was quite high with a volume of 54.163 billion shares and a transaction value of Rp 20.498 trillion, with a trading frequency of 3.07 million times. Market pressure was evident from the dominance of declining stocks, with 505 stocks weakening compared to 192 strengthening stocks, and 123 stagnant stocks. The market capitalisation was recorded at Rp 13,206 trillion.