Business · Markets · 1 hr ago
Indonesia’s main stock index falls 3.78% as foreign investors sell
Indonesia’s Jakarta Composite Index fell 3.78% on Tuesday, 3 November, closing at 4,904.29.
The index lost 192.54 points, and 624 shares fell while only 57 rose.
Foreign investors recorded net sales of Rp575 billion across the market, including Rp756.98 billion in regular-market sales.
They bought a net Rp184.99 billion in negotiated and cash-market transactions.
Bank Rakyat Indonesia had the largest foreign net sales, at Rp310.06 billion, followed by Aneka Tambang at Rp94.10 billion.
The selling covered shares in several sectors, including banking, mining, telecommunications and energy, as the market suffered a sharp decline.
Indonesia’s main stock index, the IHSG, fell 3.78% to 4,904.29 on Tuesday, November 3.
Foreign investors recorded net sales of Rp575 billion across the market.
The sources differ on foreign net sales in the regular market: Detik reported Rp759.98 billion, while CNBC Indonesia reported Rp756.98 billion.
Detik cited foreign selling, concern about a possible MSCI downgrade of Indonesia’s market status, weakness in large-cap stocks and US-Iran tensions as pressures on the index.
All 11 stock sectors fell, with Basic Industry recording the steepest decline at 6%.
- Who
- Indonesia’s main stock index, the IHSG, and foreign investors.
- What
- The IHSG fell 3.78% to 4,904.29. Foreign investors recorded net sales.
- When
- Tuesday, November 3, 2026.
- Where
- Indonesia’s stock market.
- Why
- Detik cited continued foreign selling, concern about a possible MSCI downgrade of Indonesia’s market status, weakness in large-cap stocks and US-Iran tensions.
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This story does not have a timeline yet.
- Index move
- Down 3.78% to 4,904.29
- Trading date
- Tuesday, November 3, 2026
- Foreign net sales
- Rp575 billion across the market
- Regular-market net sales
- Detik: Rp759.98 billion; CNBC Indonesia: Rp756.98 billion
- Sector declines
- All 11 sectors fell; Basic Industry dropped 6%