Indonesian Stocks See Foreign Net Buy of IDR 102.7 Billion Amid Market Rally
Jakarta, Indonesia – Wednesday, February 18, 2026 – Indonesian stocks experienced a net foreign buy of IDR 102.7 billion during the first trading session today, signaling renewed investor confidence in the Indonesian market. This buying activity coincided with a positive performance in the Composite Stock Price Index (IHSG), which rose 72.82 points, or 0.89%, to close at 8,285.09.
Foreign Investment Highlights
Bank Mandiri (BMRI) led the net foreign buying, attracting IDR 243.4 billion in investment. Bank Rakyat Indonesia (BBRI) followed with IDR 72.5 billion, and Buana Lintas Lautan (BULL) recorded IDR 69.7 billion in net foreign purchases. The increased demand for these stocks contributed to price increases, with BMRI rising 1.48%, BBRI increasing by 0.79%, and BULL surging 12.22% by lunchtime.
Here’s a breakdown of the top 10 stocks with the largest net foreign buys during the first trading session:
- PT Bank Mandiri (Persero) Tbk. (BMRI) – IDR 243.4 billion
- PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) – IDR 72.5 billion
- PT Buana Lintas Lautan Tbk. (BULL) – IDR 69.7 billion
- PT Adaro Andalan Indonesia Tbk. (AADI) – IDR 50.6 billion
- PT Bukit Uluwatu Villa Tbk. (BUVA) – IDR 50.0 billion
- PT Sinergi Inti Andalan Tbk. (INET) – IDR 48.1 billion
- PT HM Sampoerna Tbk. (HMSP) – IDR 47.6 billion
- PT Merdeka Gold Resources Tbk. (GOLD) – IDR 29.7 billion
- PT Barito Renewables Energy Tbk. (BREN) – IDR 29.7 billion
- PT Archi Indonesia Tbk. (ARCI) – IDR 25.1 billion
Market Performance and Key Drivers
466 shares rose in value, 230 fell, and 262 remained unchanged. The total transaction value reached IDR 13.27 trillion, involving 28.43 billion shares across 1.82 million transactions. Market capitalization increased to IDR 15,013 trillion.
According to Refinitiv data, the gains were primarily driven by banking, mining, and energy issuers. BBCA contributed 9.47 index points, Barito Renewables Energy (BREN) added 7.4 index points, and Merdeka Gold Resources (EMAS) contributed 5.96 index points. Conversely, Dian Swaistika Sentosa (DSSA), Amman Mineral Internatinoal (AMMN), and Sinar Mas Multiartha (SMMA) exerted downward pressure on the JCI during the first session.