The Indonesia Composite Stock Index (IHSG) slipped into the red zone ahead of the long weekend at the end of May. On Wednesday, May 28, 2025, the index closed down by 0.32%, settling at 7,175.81.

Meanwhile, foreign investors were recorded making a large net buying action, amounting to IDR 1.37 trillion across all market segments. In the negotiation and cash markets specifically, the net buy was even higher at IDR 1.44 trillion. However, in the regular market, they posted a net sell worth IDR 71.36 billion.

So, which stocks were simultaneously sold by foreign investors and became a drag on the IHSG’s performance? Referring to data from Stockbit, here are the stocks with the highest net foreign sell values on Wednesday’s trading session:

• PT Bank Mandiri (Persero) Tbk. (BMRI): IDR 223.06 billion

• PT GoTo Gojek Tokopedia Tbk. (GOTO): IDR 195.88 billion

• PT Alamtri Resources Indonesia Tbk. (ADRO): IDR 114.80 billion

• PT Barito Pacific Tbk. (BRPT): IDR 93.35 billion

• PT Bank Central Asia Tbk. (BBCA): IDR 79.94 billion

• PT Summarecon Agung Tbk. (SMRA): IDR 79.52 billion

• PT Bumi Resources Minerals Tbk. (BRMS): IDR 67.42 billion

• PT Dayamitra Telekomunikasi Tbk. (MTEL): IDR 53.00 billion

• PT Chandra Asri Pacific Tbk. (TPIA): IDR 51.32 billion

• PT Bank Negara Indonesia (Persero) Tbk. (BBNI): IDR 48.47 billion