After undergoing a significant correction throughout the previous week, the Composite Stock Price Index (IHSG) managed to close in positive territory. The index edged up by 0.22% to 6,971.95 at the close of trading on Monday (May 4, 2026).

Trading activity was relatively strong, with transaction value reaching Rp21.17 trillion, involving approximately 60.32 billion shares traded across 2.44 million transactions. A total of 327 stocks advanced, 357 declined, and 134 remained unchanged.

Meanwhile, foreign investors recorded substantial net buying of Rp1.92 trillion across all markets and Rp2.71 trillion in the negotiated and cash markets. However, they also posted net selling of Rp791.28 billion in the negotiated and cash markets.

So, which stocks were consistently targeted by foreign investors for selling as the IHSG rebounded? Citing Stockbit, here are the net foreign sell figures from last week’s trading:

PT Bank Mandiri (Persero) Tbk. (BMRI) at Rp316.82 billion
PT GoTo Gojek Tokopedia Tbk. (GOTO) at Rp172.79 billion
PT Bank Central Asia Tbk. (BBCA) at Rp147.33 billion
PT Bumi Resources Tbk. (BUMI) at Rp114.62 billion
PT Vale Indonesia Tbk. (INCO) at Rp65.19 billion
PT Astra International Tbk. (ASII) at Rp53.21 billion
PT Amman Mineral Internasional Tbk. (AMMN) at Rp40.08 billion
PT Petrindo Jaya Kreasi Tbk. (CUAN) at Rp33.94 billion
PT Adaro Andalan Indonesia Tbk. (AADI) at Rp33.60 billion
PT Chandra Asri Pacific Tbk. (TPIA) at Rp23.63 billion