Foreign Investors Quietly Accumulate IDR 1 Trillion in 10 Indonesian Stocks Amid JCI Rally
Jakarta, Indonesia – September 17, 2025 – Foreign investors channeled IDR 1 trillion into the Indonesian stock market, discreetly bolstering their holdings in ten key companies as the Jakarta Composite Index (JCI) continued its upward trajectory. This influx of capital signals renewed confidence in Indonesian equities, despite a period of relative caution from overseas investors. The buying spree, occurring between September 11 and today, suggests a strategic bet on Indonesia’s economic prospects and the potential for further gains.
the recent strengthening of the JCI, coupled wiht attractive valuations in select Indonesian companies, appears to have spurred the foreign investment. This activity impacts not only the share prices of the targeted companies but also the overall market sentiment,perhaps attracting further foreign inflows and bolstering liquidity. Analysts predict continued monitoring of these trends to gauge the sustainability of the rally and the broader implications for the Indonesian economy.
Data indicates the following companies experienced the largest foreign inflows:
- PT Telkom Indonesia (Persero) Tbk (TLKM) – IDR 338.93 billion
- PT Bank Central Asia Tbk (BBCA) – IDR 278.45 billion
- PT GoTo Gojek Tokopedia Tbk (GOTO) – IDR 139.48 billion
- PT Astra international Tbk (ASII) – IDR 79.42 billion
- PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) – IDR 69.41 billion
- PT Vale Indonesia Tbk (INCO) – IDR 48.49 billion
- PT Merdeka Copper Gold Tbk (MDKA) – IDR 38.46 billion
- PT Adaro Energy Indonesia Tbk (ADRO) – IDR 32.98 billion
- PT Semen Indonesia (Persero) tbk (SMGR) – IDR 26.43 billion
- PT Barito Renewable Energy Tbk (bren) – IDR 11.5 billion
