Foreign investors continued their net selling activity in the Indonesian stock market during the period from March 30 to April 2, 2026, amid a decline in the Composite Stock Price Index (IHSG) and reduced trading activity.

According to data from the Indonesia Stock Exchange (IDX), foreign investors recorded a net sell of Rp2.95 trillion over the week. In total, foreign buying amounted to Rp21.82 trillion, while selling reached Rp24.76 trillion.

In line with these capital outflows, the IHSG fell by 0.99% on a weekly basis to 7,026.78 from the previous level of 7,097.05. During the week, the index reached a high of 7,207.16 and a low of 6,945.50, indicating continued market volatility amid unstable sentiment.

Furthermore, the IHSG decline was accompanied by a significant drop in trading activity. The average daily transaction value plunged by 36.69%, while trading volume decreased by 8.62%. Market capitalization also declined by 1.69% to Rp12,305 trillion.

Selling pressure from foreign investors was concentrated in large-cap stocks, particularly in the banking and commodity sectors. Major banking stocks such as BBRI, BBCA, BMRI, and BBNI were the main contributors to the IHSG’s downward movement throughout the week due to heavy foreign selling. Additionally, commodity-related stocks such as ANTM, MDKA, and ENRG were also among the most heavily sold by foreign investors.

On a sectoral basis, this condition was reflected in the financial sector’s decline of 2.23%, followed by the basic materials sector which fell 1.84%, and the energy sector which dropped 1.52%. Meanwhile, the non-primary consumer sector and the industrial sector still managed to post gains of 6.58% and 3.35%, respectively.

Below are the 10 stocks with the largest net foreign sell during the trading period of March 30 to April 2, 2026:

PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) at Rp1.29 trillion
PT Bank Mandiri (Persero) Tbk. (BMRI) at Rp781.1 billion
PT Aneka Tambang Tbk. (ANTM) at Rp205.1 billion
PT Bank Negara Indonesia (Persero) Tbk. (BBNI) at Rp197.3 billion
PT Darma Henwa Tbk. (DEWA) at Rp170.6 billion
PT Bank Central Asia Tbk. (BBCA) at Rp168.8 billion
PT Petrosea Tbk. (PTRO) at Rp151.6 billion
PT Petrindo Jaya Kreasi Tbk. (CUAN) at Rp145.8 billion
PT Energi Mega Persada Tbk. (ENRG) at Rp118.8 billion
PT Merdeka Copper Gold Tbk. (MDKA) at Rp104.5 billion