Foreign Investors dump Indonesian Stocks, Triggering Rp 10.77 Trillion Outflow
Jakarta, Indonesia - Foreign investors pulled Rp 10.77 trillion (approximately $687 million USD) from the Indonesian stock market on Friday, September 12, 2025, marking a meaningful shift in sentiment and raising concerns about potential market volatility. the sell-off spanned multiple sectors, impacting both blue-chip companies and emerging players.
this substantial outflow comes amid [insert relevant context here – e.g., global economic uncertainty, rising US Treasury yields, domestic political developments, etc.].The movement affects not only investor portfolios but also the overall stability of the Indonesian Rupiah and the potential for future foreign direct investment. Analysts will be closely watching subsequent market activity to determine if this represents a short-term correction or the beginning of a more prolonged trend.
The heaviest selling pressure centered on PT Medicaloka Hermina Tbk (HeAL), with Rp 774.6 billion in shares traded through negotiable market transactions. PT Bank Mandiri Tbk (BMRI), a leading state-owned bank, also experienced significant foreign divestment totaling Rp 128.6 billion.Shares of companies linked to conglomerate Prajogo Pangestu also faced selling, including PT Barito Pacific tbk (BRPT) at rp 80.2 billion, PT Adaro Energy Indonesia Tbk (ADRO) at Rp 58.0 billion, and PT Nusantara Sejahtera Raya Tbk (CNMA) at Rp 47.4 billion.
Additional stocks facing foreign selling included PT Cisarua Mountain Dairy Tbk (CMRY) at Rp 31.1 billion, PT Kalbe Farma Tbk (KLBF) at Rp 24.7 billion, PT merdeka Copper gold Tbk (MDKA) at Rp 23.3 billion, PT Surya Esa Perkasa Tbk (Essa) at Rp 21.5 billion, and PT Wir Asia Tbk (WIRG).
Despite the broad-based selling, certain stocks continued to attract foreign investment. PT Bank Rakyat Indonesia Tbk (BBRI) led net foreign inflows with Rp 300.2 billion, followed by PT Bank Central Asia Tbk (BBCA) at Rp 121.1 billion and PT Singaraja Putra Tbk at Rp 82.0 billion.
Commodity and energy stocks also saw inflows, with PT Bumi Resources Minerals Tbk (BRMS) attracting Rp 71.8 billion, PT Amman Mineral International Tbk (AMMN) receiving Rp 62.9 billion, and PT Aneka Tambang Tbk (ANTM) gaining Rp 53.1 billion.