Foreign Net Sell Jumbo, Stock Slammed
- JAKARTA (AP) — Foreign investors initiated a critically important sell-off of Indonesian stocks on Tuesday following a recent holiday, with net sales reaching a substantial value.
- Tuesday's trading session saw net foreign selling across the Indonesian stock market totaling Rp 3.8 trillion.This single-day outflow brings the year-to-date net foreign selling figure to Rp 33.7...
- Shares of PT Bank Mandiri Tbk (BMRI) experienced the largest net sell-off in the regular market, hitting Rp 1.4 trillion.
Foreign Investors Dump Indonesian Stocks after Holiday
Table of Contents
- Foreign Investors Dump Indonesian Stocks after Holiday
- Foreign Investors Dump Indonesian Stocks: Yoru Questions Answered
- What happened in the Indonesian stock market?
- How significant was the sell-off?
- Which stocks were most affected by the selling?
- Did any stocks buck the trend?
- How did the Composite Stock Price Index (CSPI) react to these events?
- What was the overall market activity for the day?
- How did different sectors of the Indonesian stock market perform?
- Summary Table of Key Data
- What might be the implications of this sell-off?
JAKARTA (AP) — Foreign investors initiated a critically important sell-off of Indonesian stocks on Tuesday following a recent holiday, with net sales reaching a substantial value. The move saw foreign capital exiting key shares, including those of Bank Mandiri, Bank Rakyat Indonesia, bank Central Asia, and United Tractors.
Massive Outflows Recorded
Tuesday’s trading session saw net foreign selling across the Indonesian stock market totaling Rp 3.8 trillion.This single-day outflow brings the year-to-date net foreign selling figure to Rp 33.7 trillion.
Bank Mandiri and BBRI Heavily Impacted
Shares of PT Bank Mandiri Tbk (BMRI) experienced the largest net sell-off in the regular market, hitting Rp 1.4 trillion. PT Bank Rakyat Indonesia Tbk (BBRI) also faced considerable selling pressure, with net sales amounting to Rp 1 trillion.
BBCA and UNTR Also See Significant Selling
PT Bank Central Asia Tbk (BBCA) and PT United Tractors Tbk (UNTR) also experienced notable foreign selling. Net sales in BBCA shares reached Rp 875.8 billion, while UNTR saw outflows of Rp 184.8 billion.
BBNI and TPIA Buck the Trend
In contrast to the broader selling trend, PT Bank Negara Indonesia Tbk (BBNI) saw net foreign buying of Rp 69.2 billion. PT Chandra Asri Pacific tbk (TPIA) also experienced net inflows, with foreign investors purchasing Rp 51.3 billion worth of shares.
Composite Index Plummets
The Composite Stock price Index (CSPI) closed sharply lower, reflecting the negative sentiment. The index fell 514.4 points, or 7.9%, to close at 5,996.1.
Market-wide Decline
Total transaction value for the day reached Rp 20.9 trillion. market breadth was overwhelmingly negative,with only 30 stocks advancing,while 672 declined and 95 remained unchanged. Trading volume reached 22.7 billion shares, executed in 1.4 million transactions.
sector Performance
All sectors of the Indonesian stock market experienced declines. The raw materials sector suffered the most significant drop, falling 10.5%. The technology sector followed closely with a 10.2% decline, while non-primary consumer goods fell 8.8%, the industrial sector dropped 8.4%, and infrastructure declined by 8.3%.
Foreign Investors Dump Indonesian Stocks: Yoru Questions Answered
This article provides insight into the recent sell-off of Indonesian stocks by foreign investors, as reported by the Associated Press. Let’s break down the key details.
What happened in the Indonesian stock market?
Foreign investors sold off Indonesian stocks on Tuesday, resulting in notable losses. This selling followed a recent holiday,and the impact was felt across multiple sectors.
How significant was the sell-off?
The net foreign selling totaled Rp 3.8 trillion on Tuesday. This single-day outflow increased the year-to-date net foreign selling figure to Rp 33.7 trillion.
Which stocks were most affected by the selling?
several prominent stocks saw significant outflows:
PT Bank Mandiri tbk (BMRI): Experienced the largest net sell-off, reaching Rp 1.4 trillion.
PT bank Rakyat Indonesia Tbk (BBRI): Faced considerable selling pressure, with net sales of Rp 1 trillion.
PT Bank Central Asia Tbk (BBCA): Net sales reached Rp 875.8 billion.
PT United Tractors Tbk (UNTR): Saw outflows of rp 184.8 billion.
Did any stocks buck the trend?
Yes, a couple of stocks saw net foreign buying:
PT Bank Negara Indonesia Tbk (BBNI): Net foreign buying reached Rp 69.2 billion.
PT Chandra Asri Pacific Tbk (TPIA): Experienced net inflows, with foreign investors purchasing Rp 51.3 billion worth of shares.
How did the Composite Stock Price Index (CSPI) react to these events?
The CSPI closed sharply lower, reflecting the negative sentiment. The index fell 514.4 points,or 7.9%,to close at 5,996.1.
What was the overall market activity for the day?
Total transaction value: Rp 20.9 trillion.
Market breadth: Overwhelmingly negative, with only 30 stocks advancing, 672 declining, and 95 unchanged.
Trading volume: 22.7 billion shares.
Transactions: 1.4 million.
How did different sectors of the Indonesian stock market perform?
All sectors experienced declines. Here’s a breakdown of the most significant drops:
Raw Materials: -10.5%
Technology: -10.2%
Non-Primary Consumer Goods: -8.8%
Industrial: -8.4%
* Infrastructure: -8.3%
Summary Table of Key Data
The following table summarizes the impact of the foreign investor activity:
| Metric | Value |
| :————————– | :—————– |
| Single-Day net Foreign Selling | Rp 3.8 trillion |
| Year-to-Date Net Selling | rp 33.7 trillion |
| CSPI Closing Value | 5,996.1 |
| CSPI Change | -514.4 (-7.9%) |
| Total transaction Value | Rp 20.9 trillion |
| Advancing Stocks | 30 |
| Declining Stocks | 672 |
| Unchanged Stocks | 95 |
What might be the implications of this sell-off?
while the article doesn’t provide reasons for the selling, such a significant outflow of foreign capital could signal broader concerns about the Indonesian economy or the attractiveness of its stock market. Further examination and analysis would be needed to determine the underlying causes and potential long-term effects.