JCI Reverses Course with Foreign Net Sell of Rp 2 Trillion, These Stocks Heavily Dumped
The Jakarta Composite Index (JCI) underwent a sharp reversal during trading on Monday (27/4/2026). After strengthening in the first session, the JCI suddenly plunged and closed weaker by 22.97 points or 0.32% at 7,106.52.
This movement reflects a rapid change in market sentiment, from optimism in the morning to selling pressure in the second session.
Transaction value reached Rp 16.57 trillion with a volume of 33.17 billion shares in 2.20 million transactions.
Behind the sudden weakening of the JCI, foreign investors recorded a large net selling action (net foreign sell).
Throughout the day, foreigners booked a net sell of Rp 2.04 trillion across the market, becoming one of the main pressures on the index.
Interestingly, this pattern had already begun to appear in the first session, where the JCI’s strengthening was instead used as a distribution momentum.
Bank Central Asia (BBCA) became the stock with the largest foreign net sell, namely Rp 897.5 billion. This was followed by Bank Mandiri (BMRI) at Rp 679.2 billion and Bank Rakyat Indonesia (BBRI) at Rp 200.3 billion.
In full, here are the 10 stocks most heavily sold by foreigners in yesterday’s trading:
PT Bank Central Asia Tbk (BBCA) - Rp 897.5 billion
PT Bank Mandiri (Persero) Tbk (BMRI) - Rp 679.2 billion
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Rp 200.3 billion
PT Aneka Tambang (Persero) Tbk (ANTM) - Rp 92.2 billion
PT Astra International Tbk (ASII) - Rp 82.4 billion
PT Energi Mega Persada Tbk (ENRG) - Rp 58.9 billion
PT Buana Lintas Lautan Tbk (BULL) - Rp 44.1 billion
PT Petrindo Jaya Kreasi Tbk (CUAN) - Rp 40.3 billion
PT Barito Pacific Tbk (BRPT) - Rp 37.4 billion
PT Bakrie & Brothers Tbk (BNBR) - Rp 36.8 billion