Indonesian Stock Market Experiences Decline as Foreign Investors Sell Key Stocks

Market Overview

The Indonesian Composite Index (IHSG) experienced a decline of 0.29%, closing at 8,366.51 on November 11, 2025. This marks the second consecutive trading day of losses in the Indonesian stock market. The downturn was accompanied by significant foreign investor activity, with a recorded net sell of Rp 649.29 billion across all markets.

Foreign Investor Activity

Foreign investors demonstrated notable selling activity in several major Indonesian companies. The most substantial net sell transactions were observed in: PT Bumi Resources Tbk (BUMI) with Rp 493.4 billion, PT GoTo Gojek Tokopedia Tbk (GOTO) with Rp 122.5 billion, and PT Astra International Tbk (ASII) with Rp 98.2 billion. Conversely, foreign investors showed buying interest in: PT Bank Central Asia Tbk (BBCA) with Rp 389.3 billion, PT Darma Henwa Tbk (DEWA) with Rp 152.5 billion, and PT Bank Rakyat Indonesia Tbk (BBRI) with Rp 140 billion.

LQ45 Performance

The LQ45 index, comprising Indonesia's 45 most liquid stocks, saw varied performance among its constituents. The top gainers included: PT Bumi Resources Tbk (BUMI) with a 32% increase, PT Indosat Tbk (ISAT) rising by 7.25%, and PT Alamtri Minerals Indonesia Tbk (ADMR) gaining 3.62%. On the downside, the top losers were: PT Mitra Adiperkasa Tbk (MAPI) falling by -4.93%, PT Surya Citra Media Tbk (SCMA) dropping -3.17%, and PT Medco Energi Internasional Tbk (MEDC) declining -3.04%.