Indonesian Political, Business & Finance News

JCI Plunges 1.89% as Foreign Investors Dump MAPI Shares

| Source: CNBC Translated from Indonesian | Finance
JCI Plunges 1.89% as Foreign Investors Dump MAPI Shares
Image: CNBC

Jakarta, CNBC Indonesia — The Composite Stock Price Index (IHSG) closed sharply lower in Tuesday’s trading (8/7/2026) amid a wave of selling by foreign investors.

Selling pressure persisted until the end of the session, leaving the IHSG to finish near its daily low, while shares of PT Mitra Adiperkasa Tbk (MAPI) became the stock most heavily sold off by foreigners.

Based on Indonesia Stock Exchange (IDX) trading data, the IHSG closed down 113.13 points, or 1.89%, at 5,873.37. That level was only about 1.35 points above the intraday low of 5,872.02, indicating that selling pressure held until the close of trading.

Transaction value reached Rp10.54 trillion with a trading volume of 21.18 billion shares. A total of 195 shares advanced, 512 declined, and 256 were unchanged.

Foreign investors recorded a net sell of Rp689.3 billion across the entire market. Total foreign buying value reached Rp3.454 trillion, while selling value amounted to Rp4.144 trillion.

MAPI shares were the main target of foreign selling, with a net sell value of Rp425.6 billion, making it the stock with the largest net sell in yesterday’s trading.

Below MAPI, other shares heavily sold by foreigners included PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) at Rp142.2 billion, PT Bumi Resources Minerals Tbk (BRMS) at Rp62.4 billion, PT Amman Mineral Internasional Tbk (AMMN) at Rp59.6 billion, and PT Charoen Pokphand Indonesia Tbk (CPIN) at Rp21 billion.

Foreign selling was also evident in a number of cyclical and commodity stocks such as PT Semen Indonesia (Persero) Tbk (SMGR), PT Erajaya Swasembada Tbk (ERAA), PT Merdeka Copper Gold Tbk (MDKA), PT Barito Renewables Energy Tbk (BREN), and PT Medco Energi Internasional Tbk (MEDC).

Below are the 10 stocks with the largest foreign net sells:

  • PT Mitra Adiperkasa Tbk (MAPI) – Rp425.6 billion

  • PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) – Rp142.2 billion

  • PT Bumi Resources Minerals Tbk (BRMS) – Rp62.4 billion

  • PT Amman Mineral Internasional Tbk (AMMN) – Rp59.6 billion

  • PT Charoen Pokphand Indonesia Tbk (CPIN) – Rp21 billion

  • PT Semen Indonesia (Persero) Tbk (SMGR) – Rp20.3 billion

  • PT Erajaya Swasembada Tbk (ERAA) – Rp17.8 billion

  • PT Trimegah Bangun Persada Tbk (NCKL) – Rp17.5 billion

  • PT Astra International Tbk (ASII) – Rp15.4 billion

  • PT Barito Renewables Energy Tbk (BREN) – Rp14 billion

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