Foreign Investors Make Significant Moves in Indonesian Banking Stocks

Major Transactions on November 26, 2025

Foreign investors made substantial transactions in several major Indonesian banking stocks on November 26, 2025. The most notable transaction was the purchase of Rp103.2 billion worth of Bank Mandiri (BMRI) shares, making it the largest net buy among banking stocks. Despite this significant investment, BMRI's share price remained stagnant at Rp5,025. Year-to-date, BMRI shares have declined 11.84% or 675 points.

Mixed Performance Across Banking Stocks

The buying activity was not limited to BMRI, as foreign investors also purchased Rp15.16 billion worth of Bank Neo Commerce (BBYB) shares. Following this investment, BBYB's share price rose 0.51% or 2 points to Rp396. Notably, BBYB has been one of the top gainers in the banking sector this year, with a year-to-date increase of 81.65% or 178 points.

Selling Activity in Major Banks

On the selling side, foreign investors divested Rp531.92 billion worth of Bank Rakyat Indonesia (BBRI) shares, making it the largest net sell among the banking stocks. Consequently, BBRI's share price dropped 1.04% or 40 points to Rp3,790. Year-to-date, BBRI shares have declined 7.11% or 290 points.

Other Notable Transactions

Other significant transactions included the sale of Rp226.88 billion worth of Bank Central Asia (BBCA) shares. BBCA's share price fell 0.88% or 75 points to Rp8,425, with a year-to-date decline of 12.92% or 1,250 points. In the digital banking space, Bank Jago (ARTO) saw foreign investors selling Rp3.36 billion worth of shares. Despite this, ARTO's share price rose 0.25% or 5 points to Rp2,000, though it remains down 17.7% or 430 points year-to-date.