Jakarta, Indonesia – Foreign investors executed Rp1 trillion in net purchases of Indonesian equities on Thursday, March 12, 2026, according to trade data. The total value of transactions reached Rp10.01 trillion as investors positioned themselves ahead of an extended public holiday period.
The Indonesian stock exchange will be closed from March 18-24, 2026, coinciding with the observance of Nyepi Day and Eid al-Fitr. Sectors attracting significant foreign investment included energy, banking, and telecommunications.
Alamtri Resources Indonesia (ADRO) led the buying, with net foreign purchases totaling Rp209.7 billion. Adaro Andalan Indonesia (AADI) followed closely with Rp196.3 billion, while Bank Mandiri (BMRI) saw inflows of Rp184.8 billion. Sinarmas Multiartha (SMMA) also experienced substantial foreign demand, registering a net buy of approximately Rp180.5 billion.
Rounding out the top ten stocks favored by foreign investors were: Indo Tambangraya Megah (ITMG) at Rp108.5 billion, Bank Central Asia (BBCA) at Rp100.4 billion, Telkom Indonesia (TLKM) at Rp59.6 billion, Astrindo Nusantara Infrastruktur (BIPI) at Rp54.7 billion, Capital Financial Indonesia (CASA) at Rp50.6 billion, and Astra International (ASII) at Rp48.9 billion.
Despite the influx of foreign capital, the Jakarta Composite Index (IHSG) closed down 0.37%, or 27.28 points, at 7,362.12 on Thursday. A total of 211 shares gained value, while 461 declined, and 149 remained unchanged. Trading volume reached Rp13.38 trillion, involving 26.81 billion shares across 1.61 million transactions. Market capitalization decreased to Rp13.150 trillion.
The infrastructure, property, and non-primary consumer goods sectors experienced the steepest declines. The technology and financial sectors were the only ones to post gains. Large-cap stocks were key drivers of the IHSG’s performance, with DCII, BBCA, BMRI, BYAN, and SMMA providing support. Conversely, shares of BREN, DSSA, BRMS, VKTR, and MORA weighed on the index.
The Rupiah opened stable against the US dollar on Friday, March 13, 2026, trading at Rp16,885/US$, unchanged from the previous day’s closing level, according to CNBC Indonesia reporting. The US dollar index (DXY) was down 0.05% at 99.685 as of 9:00 WIB, after closing up 0.51% at 99.739 on Thursday. Market movements continue to be influenced by geopolitical uncertainty, particularly in the Middle East, and rising oil prices.
Meanwhile, the DKI Jakarta Provincial Government has issued early warning maps for potential landslides in several areas throughout March 2026, focusing on parts of South Jakarta (Cilandak, Jagakarsa, Kebayoran Baru, Kebayoran Lama, Mampang Prapatan, Pasar Minggu, Pesanggrahan) and East Jakarta (Kramatjati, Pasar Rebo). The warning is based on rainfall predictions and vulnerability assessments from the Volcanology and Geological Disaster Mitigation Center (PVMBG).
