Business · Markets · 55 mins ago
Indonesia’s Stock Index Rises 5.65% as Foreign Investors Sell
Indonesia’s Jakarta Composite Index rose 5.65% on Tuesday, October 20, closing at 5,278.89.
The index tracks shares traded on the Indonesia Stock Exchange.
The rally was broad, with 670 shares rising and 99 falling.
At the same time, foreign investors sold Rp2.21 trillion more than they bought across the market.
Bank Central Asia had the largest reported net foreign selling, at Rp966.11 billion, followed by Bank Rakyat Indonesia and Bank Mandiri.
The rise and heavy selling happened together, showing that foreign investors’ trades did not match the market’s overall gain that day.
No further market developments are specified.
Indonesia’s Jakarta Composite Index rose 5.65% on Tuesday, October 20, closing at 5,278.99.
The rise followed a sharp correction in the previous trading session.
Foreign investors recorded net sales of Rp2.21 trillion across all markets, including Rp2.13 trillion on the regular market.
All 11 stock sectors gained, with transport stocks rising the most, by 8.55%.
Bargain hunting, planned share buybacks and attention to market-transparency reforms were among factors cited for the rebound.
- Who
- Investors in Indonesia’s stock market, including foreign investors.
- What
- The Jakarta Composite Index rose 5.65%, while foreign investors recorded net sales.
- When
- Tuesday, October 20, 2026.
- Where
- Indonesia Stock Exchange.
- Why
- The rebound followed a sharp correction. The market was influenced by bargain hunting, planned share buybacks and attention to market-transparency reforms.
This story does not have two clearly opposing sides.
The Jakarta Composite Index had a sharp correction.
The index rose 5.65% to close at 5,278.99, while foreign investors recorded net sales.
- Index close
- 5,278.99
- Index rise
- 5.65% on October 20, 2026
- Foreign net sales
- Rp2.21 trillion across all markets
- Foreign net sales, regular market
- Rp2.13 trillion
- Sector leader
- Transport, up 8.55%