Indonesia’s Composite Index, the IHSG, closed up 49.47 points, or 0.94 percent, at 5,328.36 on Wednesday, extending gains from the previous session though at a slower pace.
Trading volume reached 299.97 million lots, with transaction value of 15,882.28 billion rupiah across 1,827,719 trades. Foreign investors bought 6.1 trillion rupiah of shares and sold 6.7 trillion rupiah, leaving net foreign selling of about 527 billion rupiah for the day.
Banks lead the outflows
PT Bank Mandiri (Persero) Tbk. (BMRI) topped the list of net foreign sells, with outflows of 227.42 billion rupiah. PT Aneka Tambang Tbk. (ANTM) followed at 83.14 billion rupiah.
PT Telkom Indonesia (Persero) Tbk. (TLKM) recorded net foreign selling of 75.02 billion rupiah, while PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) saw 73.14 billion rupiah in net outflows. Two more lenders also featured among the day’s heaviest sells: PT Bank Negara Indonesia (Persero) Tbk. (BBNI) at 49.53 billion rupiah and PT Bank Syariah Indonesia Tbk. (BRIS) at 45.07 billion rupiah.
Commodity names also hit
PT Adaro Andalan Indonesia Tbk. (AADI) posted net foreign selling of 51.92 billion rupiah, just ahead of PT Bukit Asam Tbk. (PTBA) at 51.57 billion rupiah.
PT Timah Tbk. (TINS) saw outflows of 50.85 billion rupiah. PT Merdeka Gold Resources Tbk. (EMAS) closed out the list with net foreign selling of 38.76 billion rupiah. The stock list was sourced from Stockbit.
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