Jakarta — Despite an overall net foreign sell of IDR 210 billion (approximately USD $13.1 million) across the Indonesian stock market on Thursday, March 5, 2026, several key stocks experienced significant foreign inflows.
Data indicates that the buying activity was concentrated in large-cap banking, energy and commodity-related companies. This selective demand suggests a nuanced approach from international investors despite broader market headwinds.
Bank Central Asia (BBCA) led the way with net foreign buying totaling approximately IDR 148.2 billion (USD $9.2 million). Astra International (ASII) followed closely behind, attracting IDR 90.8 billion (USD $5.6 million) in foreign investment from a total transaction value of IDR 339.4 billion.
Indo Tambangraya Megah (ITMG) secured the third-largest inflow, with net foreign purchases reaching IDR 81.6 billion (USD $5.1 million).
Here’s a breakdown of the top 10 stocks with the largest net foreign buy on Thursday:
- PT Bank Central Asia Tbk (BBCA) – IDR 148.2 billion
- PT Astra International Tbk (ASII) – IDR 90.8 billion
- PT Indo Tambangraya Megah Tbk (ITMG) – IDR 81.6 billion
- PT Merdeka Copper Gold Tbk (MDKA) – IDR 70.4 billion
- PT Bukit Asam (Persero) Tbk (PTBA) – IDR 52.9 billion
- PT Bumi Resources Tbk (BUMI) – IDR 42.3 billion
- PT United Tractors Tbk (UNTR) – IDR 40.1 billion
- PT Bank Mandiri Tbk (BMRI) – IDR 28.4 billion
- PT Film Indonesia Tbk (FILM) – IDR 26.9 billion
- PT Bangun Kosambi Sukses Tbk (CBDK) – IDR 17.2 billion
The influx of foreign funds into these specific stocks coincided with a rebound in the Jakarta Composite Index (IHSG), which closed up 133.48 points, or 1.76%, at 7,710.54. The gains were broad, with 625 stocks advancing and 134 declining, although 199 remained unchanged.
Total transaction value for the day reached IDR 17.43 trillion (approximately USD $1.08 billion), a decrease from the previous day’s IDR 29.59 trillion.
foreign investors recorded purchases of IDR 5.87 trillion and sales of IDR 6.08 trillion, resulting in the aggregate net sell of IDR 210 billion in the domestic stock market.
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source on Google [Gambas:Video CNBC]
