JAKARTA – Foreign investors posted a net sell in three newly added Sri-Kehati index constituents during Wednesday’s (28/5) trading session, dominating market activity for the day.

As previously reported by IDNFinancials.com, the three new additions to the Sri-Kehati index are PT Pertamina Geothermal Energy Tbk (PGEO), PT Astra International Tbk (ASII), and PT Dayamitra Telekomunikasi Tbk (MTEL).

Foreign investors recorded a net sell of IDR 10.75 billion in PGEO shares. ASII saw a larger net sell of IDR 26.66 billion, while the biggest was in MTEL shares at IDR 53 billion.

Despite the foreign sell-off, PGEO shares edged up 0.37% to IDR 1,350 per share on Wednesday. ASII shares also climbed, gaining 3.19% to IDR 4,850 per share.

However, MTEL shares dropped significantly by 6.92% to IDR 650 per share. This decline came despite an announcement on the same day that this PT Telkom Indonesia (Persero) Tbk (TLKM) subsidiary would distribute IDR 1.47 trillion in cash dividends.

The Sri-Kehati index comprises 25 stocks selected based on Sustainable and Responsible Investment (SRI) principles, incorporating environmental, social, and governance (ESG) criteria.

The latest rebalancing of the index, effective from 2 June to 28 November 2025, added PGEO, ASII, and MTEL as new constituents.

Year-to-date, the Sri-Kehati index has declined by 0.58%. However, it has delivered a return of 31.38% over the past five years. (KR/ZH)