Jakarta, Foreign investors showed increased activity in the Indonesian stock market on Thursday, March 12, 2026, with net purchases reaching Rp1 trillion (approximately $62.8 million USD) from a total transaction value of Rp10.01 trillion (approximately $629 million USD). The influx of investment comes as the market anticipates the extended holiday period surrounding Eid al-Fitr.
Sectors attracting the most attention from global investors included energy, banking, and telecommunications. The Indonesian stock exchange will be closed from March 18-24, 2026, coinciding with the observance of Nyepi Day and Eid al-Fitr.
Alamtri Resources Indonesia (ADRO) led the way in foreign investment, with net purchases totaling Rp209.7 billion (approximately $13.1 million USD). This indicates strong international confidence in the company’s performance and future prospects.
Adaro Andalan Indonesia (AADI) followed closely behind with a net foreign buy of Rp196.3 billion (approximately $12.3 million USD), while Bank Mandiri (BMRI) recorded net purchases of around Rp184.8 billion (approximately $11.6 million USD). Sinarmas Multiartha (SMMA) also saw significant foreign investment, with net buys reaching approximately Rp180.5 billion (approximately $11.3 million USD).
Here’s a breakdown of the top 10 stocks with the largest net foreign buys on Thursday, March 12, 2026:
- PT Alamtri Resources Indonesia Tbk (ADRO) – Rp209.7 billion
- PT Adaro Andalan Indonesia Tbk (AADI) – Rp196.3 billion
- PT Bank Mandiri (Persero) Tbk (BMRI) – Rp184.8 billion
- PT Sinar Mas Multuartha Tbk (SMMA) – Rp180.5 billion
- PT Indo Tambangraya Megah Tbk (ITMG) – Rp108.5 billion
- PT Bank Central Asia Tbk (BBCA) – Rp100.4 billion
- PT Telkom Indonesia (Persero) Tbk (TLKM) – Rp59.6 billion
- PT Astrindo Nusantara Infrastruktur Tbk (BIPI) – Rp54.7 billion
- PT Capital Financial Indonesia Tbk (CASA) – Rp50.6 billion
- PT Astra International Tbk (ASII) – Rp48.9 billion
Despite the positive foreign investment, the Jakarta Composite Index (IHSG) experienced a slight decline, falling 0.37% or 27.28 points to close at 7,362.12 on Thursday, March 12, 2026. The index’s performance reflects broader market dynamics and investor sentiment.
During the trading session, 211 stocks rose, 461 declined, and 149 remained unchanged. Total transaction value reached Rp13.38 trillion (approximately $838 million USD) involving 26.81 billion shares across 1.61 million transactions. Market capitalization decreased to Rp13.150 trillion (approximately $823 billion USD).
The infrastructure, property, and non-primary consumer goods sectors experienced the most significant declines. However, the technology and financial sectors showed positive growth.
Large-cap stocks played a key role in influencing the IHSG’s performance, with DCII, BBCA, BMRI, BYAN, and SMMA providing support. Conversely, BREN, DSSA, BRMS, VKTR, and MORA contributed to the index’s downward pressure.
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source on Google (mkh)
