Indonesian Stock Market Analysis: IHSG Correction and Foreign Investor Activity

Market Overview

The Indonesian Composite Stock Index (IHSG) experienced a 0.56% decline to 8,521.88 on Tuesday, following an earlier all-time high ¹

²

Source 2

https://finance.detik.com/bursa-dan-valas/d-8227993/ihsg-berbalik-arah-usai-cetak-rekor-tertinggi

. The index opened at 8,570.84 and reached a peak of 8,574.38 before correcting to its closing level ³

Source 3

https://finance.detik.com/bursa-dan-valas/d-8227089/ihsg-dibuka-di-zona-merah-pagi-ini

.

Trading Activity

Total trading volume reached 57.53 billion shares valued at Rp 31.22 trillion, with 2,562,396 transactions recorded throughout the day ²

. Despite the overall index decline, foreign investors maintained significant activity in the market.

Foreign Investor Activity

In the regular market, foreign investors recorded a net sell of Rp 1.5 trillion ¹

. However, this was partially offset by net buy activity of Rp 1.19 trillion in the negotiation market, resulting in a total net sell of Rp 308.05 billion across all markets ¹

Source 1

https://pusatdata.kontan.co.id/news/ihsg-terkoreksi-056-ke-8521-masih-ada-net-buy-asing-di-saham-saham-ini

.

Major Net Buy Stocks

Foreign investors focused their buying activity on:

• PT Bumi Resources Minerals (BRMS): Rp 1.4 trillion
• PT MD Entertainment (FILM): Rp 100.2 billion
• PT Kalbe Farma (KLBF): Rp 95.9 billion ¹
  Source 1

  https://pusatdata.kontan.co.id/news/ihsg-terkoreksi-056-ke-8521-masih-ada-net-buy-asing-di-saham-saham-ini

Major Net Sell Stocks

The selling activity was concentrated in:

• PT Bank Rakyat Indonesia (BBRI): Rp 1.2 trillion
• PT Bumi Resources (BUMI): Rp 437.4 billion
• PT Barito Pacific (BRPT): Rp 209.6 billion ¹
  Source 1

  https://pusatdata.kontan.co.id/news/ihsg-terkoreksi-056-ke-8521-masih-ada-net-buy-asing-di-saham-saham-ini

Market Performance Context

Despite the daily decline, the IHSG remains up 2.11% week-to-date, 5.51% month-to-date, and 20.6% year-to-date ³

. This correction follows a period of significant market growth and record highs.