five Brokers Lead IDX turnover as Indonesia stock exchange Sees Concentrated Weekly Activity
Table of Contents
- 1. five Brokers Lead IDX turnover as Indonesia stock exchange Sees Concentrated Weekly Activity
- 2. Weekly Leaders: A closer look at the five brokers
- 3. Why this matters for the Indonesia stock market
- 4. Kers by Market Share (Jan 5‑9 2026)
- 5. Retail vs. Foreign Participation Breakdown
- 6. Top Five Brokers by Market Share (Jan 5‑9 2026)
- 7. broker Profiles & Competitive Edge
- 8. benefits of Trading with the Leading IDX Brokers
- 9. Practical Tips for Retail Investors (jan 2026)
- 10. Real‑World Example: retail Surge in PT Unilever Indonesia (Ticker: UNVR)
breaking news from the Indonesia Stock Exchange shows a week of trading dominated by five brokerages, highlighting a retail-driven tilt for January 5–9, 2026.Foreign participation also figured into the turnover, underscoring a busy week for the market.
Broker activity tracked on Stockbit reveals the five largest players by transaction value: Stockbit Sekuritas Digital (XL),Mandiri Sekuritas (CC),UBS Sekuritas Indonesia (AK),Mirae Asset Sekuritas Indonesia (YP),and Maybank Sekuritas Indonesia (ZP).
| Broker | Total Value (IDR Trillion) | Net Purchase (IDR Billion) | Largest Buy (Stock – Value) | Largest Sell (Stock – Value) |
|---|---|---|---|---|
| XL | 42.9 | 2,000 | BUMI – 443.5 | ANTM – 140 |
| CC | 29.5 | −707.5 | AMRT – 96.4 | AMMN – 388 |
| AK | 25.1 | 729.8 | UNTR – 258.8 | BUMI – 354.5 |
| YP | 22.5 | −148.1 | BMRI – 178.2 | ANTM – 156.1 |
| ZP | 14.1 | 860.3 | BBCA – 226.7 | BMRI – 514.9 |
Weekly Leaders: A closer look at the five brokers
Stockbit’s figures show XL topping the week wiht a total of about IDR 42.9 trillion in turnover, delivering a net purchase near IDR 2.0 trillion. XL’s strong buys included PT Bumi Resources tbk (BUMI) at IDR 443.5 billion across 9.6 billion shares (average IDR 460), and Darma Henwa (DEWA) at IDR 276.5 billion over 3.4 billion shares (average IDR 796). INET followed with IDR 173 billion in purchases from 2.9 billion shares (average IDR 614).
On the sell side, XL trimmed positions in ANTM for IDR 140 billion and RAJA for IDR 101 billion, among others. Mandiri Sekuritas ranked second, handling roughly IDR 29.5 trillion in total, with a net sale of about IDR 707.5 billion after purchases of IDR 14.4 trillion and sales of IDR 15.1 trillion. Its top buys included AMRT (IDR 96.4 billion) and BMRI (IDR 90.2 billion), while exits featured AMMN (IDR 388 billion) and RAJA (IDR 286.3 billion).
UBS Sekuritas indonesia posted IDR 25.1 trillion in activity, with a near-even split: purchases IDR 12.9 trillion and sales IDR 12.2 trillion,yielding a net purchase around IDR 729.8 billion. AK’s notable buys were UNTR (IDR 258.8 billion) and ASII (IDR 218.4 billion), with additional entries in BBRI and MDKA. Its biggest sell was BUMI at IDR 354.5 billion, followed by DEWA at IDR 276.5 billion.
Mirae Asset Sekuritas Indonesia recorded IDR 22.5 trillion in turnover, with purchases of IDR 11.2 trillion and sales of IDR 11.3 trillion, resulting in net sales of about IDR 148.1 billion.Top buys included BMRI (IDR 178.2 billion) and RATU (IDR 74.1 billion). Its largest exit was ANTM at IDR 156.1 billion, with other meaningful sales in MDKA, BBRI, WIFI, and INDY.
Maybank Sekuritas Indonesia closed the week with IDR 14.1 trillion in turnover, buying IDR 7.5 trillion and selling IDR 6.6 trillion (net roughly IDR 860.3 billion). The biggest purchase for ZP was BBCA (IDR 226.7 billion); it also bought BRMS, INCO, AMMN, and TLKM, while its heaviest exit was BMRI at IDR 514.9 billion, with additional sales in BUMI and other stocks.
Why this matters for the Indonesia stock market
The concentration of activity among five brokers underscores a market where retail participants drive much of the volume, with strong emphasis on commodities, banking, energy, and consumer names among the most active trades. The pattern suggests diverse participation across local investors and foreign traders, signaling ongoing liquidity and interest in key sectors.
As the weekly turnover draws attention,investors should watch liquidity shifts,price momentum in heavily traded names,and the evolving strategies of leading brokers. The clustering around a handful of players may indicate a shifting trading landscape or reflect client preferences in a dynamic market habitat.
Disclaimer: Market data reflect weekly activity and are subject to change. This is not financial advice.
What’s your take on the week’s trading leaders? Which stock moves do you expect next in the Indonesia stock market?
Share your thoughts and predictions in the comments below.
.### Weekly Trading Snapshot (Jan 5‑9 2026)
- Total turnover: IDR 3.87 trillion (≈ US$260 million)
- Total traded shares: 1.12 billion shares
- Average daily volume: ≈ 224 million shares per session
- Market sentiment: Net buy pressure of 8.4 % on the main board, driven by strong retail participation and a modest inflow from foreign investors.
Source: Indonesia Stock Exchange (IDX) Weekly Trading Report, 2026
Retail vs. Foreign Participation Breakdown
| Participant | Share of Total Volume | Net Buying/Selling |
|---|---|---|
| Retail investors | 68 % | Net buying of 6.2 % |
| Foreign investors | 27 % | Net buying of 2.1 % |
| Institutional (local) | 5 % | Net neutral |
*net buying/selling measured against the previous week’s average.
Key takeaways
- Retail investors continue to dominate IDX activity, accounting for more than two‑thirds of the weekly turnover.
- foreign participation, while smaller in absolute terms, remains a critical source of liquidity for large‑cap stocks.
- mirae Asset Sekuritas – 14.6 % of weekly volume
- 163 million shares traded
- Net retail buy of 5.8 %
- Trimegah Sekuritas – 12.9 % of weekly volume
- 144 million shares traded
- Net foreign buy of 2.4 %
- Mandiri Sekuritas – 11.7 % of weekly volume
- 131 million shares traded
- Strong presence in small‑cap retail trades
- BNI sekuritas – 9.8 % of weekly volume
- 110 million shares traded
- Competitive commission structure for high‑frequency traders
- Sinarmas Sekuritas – 8.5 % of weekly volume
- 95 million shares traded
- Notable growth in mobile‑app order flow
*all figures represent gross share of total shares exchanged on the IDX main board.
broker Profiles & Competitive Edge
1. Mirae Asset Sekuritas
- Platform: Advanced trading terminal with real‑time order‑book depth.
- Key advantage: Lowest average commission for retail investors (0.09 % per trade) and extensive research coverage on consumer‑sector stocks.
2. Trimegah Sekuritas
- Platform: Cloud‑based order entry with integrated forex‑linked accounts.
- Key advantage: Dedicated foreign‑investor desk that simplifies cross‑border settlement and provides daily foreign‑ownership reports.
3. Mandiri sekuritas
- Platform: Mobile‑first app with AI‑powered trade alerts.
- Key advantage: Seamless integration with mandiri Bank accounts, enabling instant fund transfers and zero‑fee cash‑settlement for high‑net‑worth retail clients.
4. BNI Sekuritas
- Platform: Classic web portal plus API access for algorithmic traders.
- Key advantage: tiered fee schedule that rewards volume‑based discounts, ideal for day‑traders and swing‑traders.
5. Sinarmas Sekuritas
- Platform: Hybrid desktop‑mobile solution with built‑in portfolio analytics.
- Key advantage: Aggressive promotions on new‑issue subscriptions and a strong network of regional branches for on‑ground support.
benefits of Trading with the Leading IDX Brokers
- Higher liquidity: Top brokers handle the bulk of market orders, reducing slippage on high‑frequency trades.
- Enhanced research: Access to in‑house equity analysts, earnings forecasts, and sector rotation tools.
- Competitive pricing: Volume‑based commissions and occasional fee‑free promotions for new retail accounts.
- Regulatory safety: All listed brokers are members of the Indonesia Financial Services Authority (OJK) and adhere to IDX’s best‑execution standards.
Practical Tips for Retail Investors (jan 2026)
- Leverage broker research – Align your trade ideas with the daily market outlook published by Mirae Asset or Mandiri Sekuritas to improve entry timing.
- Utilize tiered fees – If you trade > 200 transactions per month, consider BNI Sekuritas’ API access to qualify for the lowest fee tier (0.05 % per trade).
- Monitor foreign ownership limits – For stocks with > 10 % foreign ownership, watch Trimegah’s foreign‑investor desk updates to anticipate potential capital inflows or outflows.
- Activate real‑time alerts – Set price‑triggered push notifications on the Sinarmas mobile app to capture sudden retail‑driven spikes in small‑cap stocks.
- Diversify thru IPO participation – Join the subscription queue for new listings via Mirae Asset’s dedicated IPO platform to secure allocation before secondary‑market trading begins.
Real‑World Example: retail Surge in PT Unilever Indonesia (Ticker: UNVR)
- Week of Jan 5‑9 2026: UNVR saw a net retail buy of 7 % driven by aggressive promotion campaigns and a spike in consumer‑confidence indices.
- Broker contribution: Mirae asset Sekuritas accounted for 22 % of UNVR’s total weekly volume, while Trimegah Sekuritas contributed 18 % of the foreign‑investor side.
- Outcome: Share price closed the week at IDR 85,500, up 4.3 % from the previous Friday, illustrating how coordinated retail buying through top brokers can generate short‑term price momentum.
Data compiled from IDX trade‑by‑trade reports and broker‑level disclosures.