JAKARTA – Foreign investors recorded a net buy of IDR 1.47 trillion in the stock market over the past week across all markets.

Foreign buying has continued to dominate since the previous week, when net foreign purchases reached IDR 5.05 trillion.

Nevertheless, Jakarta Composite Index (IHSG) ended this week down 0.53% at 7,175.82 as of the close on Wednesday (3/5). However, the index has gained 6.04% since the beginning of May 2025.

According to data compiled by IDNFinancials.com, the most heavily bought stock by foreign investors this week was PT Elang Mahkota Teknologi Tbk (EMTK), with net foreign purchases reaching IDR 1.43 trillion across all markets since the start of the week.

This was followed by shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) with a net buy value of IDR 1.03 trillion, and PT Telkom Indonesia (Persero) Tbk (TLKM) with IDR 720.9 billion.

Meanwhile, the highest net foreign selling was recorded in PT Bank Central Asia Tbk (BBCA) shares, with net sales of IDR 342 billion. This was followed by PT Bank Mandiri (Persero) Tbk (BMRI) at IDR 278.8 billion and PT Astra International Tbk (ASII) at IDR 155.1 billion.

Since the beginning of the year, foreign investors have still posted a net sell of IDR 45.18 trillion. However, the selling pressure in the stock market has begun to ease, compared to early May, when the year-to-date figure stood at IDR 53.28 trillion. (KR/ZH)