JAKARTA. Foreign investors registered outflow for 4 consecutive days following steady corrections in Jakarta Stock Price Composite Index (JCI).

According to IDNFinancials data, this foreign outflow trend began last Thursday (12/12), with total net foreign sell of IDR 2.18 trillion recorded in Indonesia Stock Exchange (IDX).

The trend continued to Friday (13/12) with net foreign sell of IDR 1.39 trillion, Monday (16/12) with net foreign sell of IDR 621.66 billion, and Tuesday (17/12) IDR 1.63 trillion.

PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) saw the highest net foreign sell yesterday, valued at IDR 666.5 billion across all markets.

Then, PT Bank Central Asia Tbk (BBCA) only reported net foreign sell of IDR 407.8 billion, followed by PT Merdeka Copper Gold Tbk (MDKA) with IDR 145.5 billion.

Foreign outflow trend occurred in line with consistent corrections in JCI within the past 4 days. JCI downtrend was first seen last Thursday (12/12), slipping 0.94%. The dip worsened until yesterday, JCI was corrected by 1.39% to 7,157.73. (KR/ZH)