Stocks Purchased by Foreign Investors During a Three-Day IHSG Decline

JAKARTA – The Indonesian Composite Index (IHSG) extended its three-day losing streak, marking another day of decline during the second trading session of the week.

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Citing data from the Indonesia Stock Exchange (IDX) via RTI, the IHSG shed 0.68%, or 46.72 points, to close at 6,858.89 on Tuesday, May 12, 2026. This downward movement reflects continued pressure on the Indonesian stock market.

The index’s weakness was primarily driven by a broad-based decline across most sectoral indices on the IDX. Sectors experiencing the steepest declines included healthcare, industrials, infrastructure, primary consumer goods, property and real estate, and technology. These sectors acted as significant drag factors on the overall market performance.

IHSG Falls 0.68% to 6,858 on Tuesday (12/5), CUAN, AMRT, JPFA Top LQ45 Losers

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Conversely, some sectors managed to defy the negative trend and finished in positive territory. These included raw materials, transportation, finance, and energy, providing a glimmer of resilience amidst the broader market downturn.

On Tuesday, the total trading volume on the IDX reached 32.98 billion shares, with a total transaction value of Rp 16.29 trillion. Market breadth indicated widespread selling pressure, as 463 stocks weakened, contributing to the IHSG’s decline, while 207 stocks strengthened and 151 remained stagnant.

Foreign investors recorded a substantial net sell of Rp 931.89 billion across all markets, signaling a significant outflow of international capital from Indonesian equities during the session.

IHSG Pressure Continues, Investors Begin Seeking AI-Based Analysis Assistance

Despite the overall market weakness and the significant foreign net sell, foreign investors selectively accumulated shares in several companies. Below are the top 10 stocks with the largest foreign net buys on Tuesday:

  1. PT Alamtri Resources Indonesia Tbk (ADRO) Rp 95.13 billion
  2. PT Telkom Indonesia Tbk (TLKM) Rp 94.49 billion
  3. PT Timah Tbk (TINS) Rp 48.27 billion
  4. PT Indah Kiat Pulp & Paper Tbk (INKP) Rp 41.85 billion
  5. PT Indosat Tbk (ISAT) Rp 33.45 billion
  6. PT Bukit Uluwatu Villa Tbk (BUVA) Rp 26.67 billion
  7. PT Bank Negara Indonesia Tbk (BBNI) Rp 21.04 billion
  8. PT Bakrie & Brothers Tbk (BNBR) Rp 20.98 billion
  9. PT Mitra Adiperkasa Tbk (MAPI) Rp 15.24 billion
  10. PT Merdeka Gold Resources Tbk (EMAS) Rp 15.14 billion

ADRO Chart by TradingView

Summary

The Indonesia Composite Index (IHSG) declined by 0.68% to close at 6,858.89 on Tuesday, May 12, 2026, marking a three-day losing streak. The downward movement was fueled by widespread selling pressure across multiple sectors, including healthcare, industrials, and technology, resulting in a total foreign net sell of Rp 931.89 billion.

Despite the broader market weakness, foreign investors selectively accumulated shares in several key companies. Leading the list of foreign net buys were PT Alamtri Resources Indonesia Tbk (ADRO) and PT Telkom Indonesia Tbk (TLKM), followed by other firms such as TINS, INKP, and ISAT, which demonstrated continued interest amidst the capital outflow.

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