PT Bank Central Asia Tbk (BBCA) became the target of heavy foreign selling during Tuesday’s trading session (August 26, 2025). Shares of the bank, part of the Djarum Group, closed down 2.65% at IDR 8,250, marking their lowest level in the past four months.

BBCA recorded the largest net foreign sell value, amounting to IDR 1.41 trillion, with an average selling price of IDR 8,295. In total, foreign investors offloaded BBCA shares worth IDR 2.56 trillion.

Interestingly, this sell-off occurred amid strong inflows of foreign capital into Indonesia’s equity market. Despite the weak performance of the Jakarta Composite Index (JCI), total net foreign buying reached IDR 2.38 trillion.

The second-largest net foreign sell came from Alamtri Resources (ADRO) at IDR 578.7 billion, with an average selling price of IDR 1,736.

Here are the top 10 stocks with the highest net foreign sell during Tuesday’s session:

1. PT Bank Central Asia Tbk (BBCA): IDR 1.41 trillion

2. PT Alamtri Resources Indonesia Tbk (ADRO): IDR 578.7 billion

3. PT Panin Financial Tbk (PNLF): IDR 94.6 billion

4. PT Merdeka Battery Materials Tbk (MBMBA): IDR 77.3 billion

5. PT Barito Pacific Tbk (BRPT): IDR 75.3 billion

6. PT Victoria Investama Tbk (VICO): IDR 47.9 billion

7. PT Elang Mahkota Teknologi Tbk (EMTK): IDR 41.3 billion

8. PT Pantai Indah Kapuk Dua Tbk (PANI): IDR 36.1 billion

9. PT Bangun Kosambi Sukses Tbk (CBDK): IDR 33.5 billion

10. PT United Tractors Tbk (UNTR): IDR 29.9 billion

The JCI closed lower after briefly trading in positive territory during the first session. By market close on Tuesday (August 26, 2025), the index had dropped 21.15 points or 0.27% to 7,905.76.

A total of 266 stocks advanced, 393 declined, and 145 remained unchanged. Trading activity was very active, with a total transaction value of IDR 45.8 trillion and 57.75 billion shares changing hands across 2.36 million transactions.

Most sectors ended in negative territory, although energy and healthcare posted the strongest gains. Meanwhile, property and basic materials recorded the sharpest declines.

BBCA’s 2.65% drop became the main drag on the JCI, contributing a negative weight of 16.06 index points.