TPIA, BBCA, and AMMN Among Top Foreign Investor Selling Targets
JAKARTA – Foreign investors recorded massive net selling in the Indonesian stock market throughout the week of May 25-29, 2026. Net foreign selling reached approximately IDR 12.43 trillion amid a decline in the Jakarta Composite Index (IHSG) over the week.
According to Indonesia Stock Exchange (BEI) trading data, the IHSG fell 0.56% to 6,127.381 at Friday’s (May 29, 2026) close, from 6,162.045 the previous week.
On the last trading day of the week, foreign investors recorded a net sell of IDR 8.519 trillion. Cumulatively for 2026, foreign net selling has reached IDR 53.971 trillion.
The most sold stock by foreign investors during the week was PT Chandra Asri Pacific Tbk (TPIA) with a net sell of IDR 2.5 trillion, followed by PT Bank Central Asia Tbk (BBCA) at IDR 2.3 trillion and PT Amman Mineral Internasional Tbk (AMMN) at IDR 2 trillion.
BEI recorded an average daily transaction value during May 25-29, 2026, up 30.37% to IDR 28.38 trillion from IDR 21.77 trillion the previous week. The increase in trading activity also pushed BEI’s market capitalisation up 0.88% to IDR 10.729 trillion from IDR 10.635 trillion.
However, average daily transaction frequency fell 10.87% to 2.11 million transactions from 2.37 million, while average daily transaction volume decreased 15.6% to 30.95 billion shares from 36.67 billion.
On Friday (May 29, 2026), the IHSG closed slightly down 0.05% to 6,127.38 from the previous day.
This follows a Strategic Leadership Dialogue organised with the Financial Services Authority (OJK) and the Indonesian Accountants Association (IAI) on Tuesday (May 26, 2026). The forum, themed ‘Sustainability Disclosure Standards (SPK) in Building Trust in the Indonesian Capital Market’, aimed to enhance listed companies’ understanding of implementing sustainability disclosure standards aligned with global IFRS S1 and IFRS S2 standards.
Stakeholders emphasised the importance of boards integrating sustainability into business strategies and risk management. BEI is also developing sustainability reporting infrastructure through the SPE-IDXnet system and IDX Sustainability website to provide more transparent and quality ESG data for investors.