Indonesian Stock Market Sees Significant Gains on Strong Foreign Investment

Market Performance Highlights

The Indonesian Composite Index (IHSG) closed higher today, rising 0.80% to 8,617.04, demonstrating a positive trend in the Indonesian stock market. This increase was supported by substantial foreign investment inflows, with net purchases totaling Rp 454.01 billion across all market segments.

Foreign Investment Activity

Foreign investors were particularly active in certain stocks, with notable net purchases in:

• PT Chandra Daya Investasi Tbk (CDIA): Rp 239 billion
• PT Bumi Resources Minerals Tbk (BRMS): Rp 141.9 billion
• PT Astra International Tbk (ASII): Rp 135.8 billion

Conversely, significant foreign selling was observed in:

• PT MD Entertainment Tbk (FILM): Rp 315.4 billion
• PT Indofood CBP Sukses Makmur Tbk (ICBP): Rp 210.3 billion
• PT Kalbe Farma Tbk (KLBF): Rp 125.4 billion

Market Dynamics

The overall positive performance reflects continued investor confidence in the Indonesian market. The breakdown between market segments showed that while the regular market saw Rp 749.20 billion in foreign net purchases, the negotiation market experienced Rp 295.19 billion in foreign net sales. This disparity highlights the nuanced nature of foreign investment flows in the Indonesian stock market.