Foreign Investors Sell AADI and GOTO Shares, IHSG Closes Lower

Indonesian Stock Exchange Sees Net Foreign Selling on December 24th

Foreign investors pulled back from the Indonesian Stock Exchange (IDX) on December 24th, 2024, resulting in a net sell of IDR 231.1 billion across all markets. This selling activity trimmed the year’s total net buy down to IDR 15.2 trillion.

Indonesian Stock Exchange Sees Net Foreign Selling on December 24th

Foreign investors pulled back from the Indonesian Stock Exchange (IDX) on December 24th, 2024, resulting in a net sell of IDR 231.1 billion across all markets. This selling activity trimmed the year’s total net buy down to IDR 15.2 trillion.
## Market Watch: Understanding the Recent Dip in Foreign Investment on the IDX



**Archyde:** Welcome back to Market Watch. Today we’re joined by [Alex Reed Expert Name], a leading financial analyst specializing in southeast Asian markets, to discuss the recent shift in foreign investor sentiment on the Indonesian Stock Exchange.



**Alex Reed Expert:** Thanks for having me.



**Archyde:** As many of our readers know,the IDX saw a net foreign sell-off on December 24th,amounting to IDR 231.1 billion. What factors might be contributing to this pullback after a largely positive year for foreign investment?



**Alex Reed Expert:** It’s significant to remember that market movements are complex and influenced by a multitude of factors. while a single day’s sell-off doesn’t necessarily signal a trend reversal, it’s worth considering broader global economic conditions and potential regional specific news. Some analysts suggest that concerns about rising interest rates globally, coupled with potential profit-taking towards the end of the year, could be contributing to this shift.



**Archyde:** You mentioned profit-taking. the IDX has seen a net foreign buy of IDR 15.2 trillion this year.Do you see this recent sell-off as a cause for concern for long-term investors?





**Alex Reed Expert:** It’s crucial to maintain a long-term viewpoint. While short-term fluctuations are inevitable, Indonesia’s strong economic fundamentals and growth potential remain attractive to foreign investors.



**Archyde:** Absolutely. Now,with Indonesia’s history of opening its equity market to foreign investors dating back to 1989 [[1](https://www.sciencedirect.com/science/article/abs/pii/S0378426609000211)], what lessons can be gleaned from past cycles?



**Alex Reed expert:** Indonesia has weathered various global economic storms in the past. Examining previous periods of foreign investment pullbacks can indeed offer valuable insights into market dynamics and potential recovery patterns.



**Archyde:** This brings us to a question for our readers: How do you view recent developments on the IDX? Do you believe this is a temporary blip or a sign of deeper underlying concerns? Share your thoughts in the comments below.



**Alex Reed Expert:** Excellent point. This is precisely the kind of dialog that keeps the market informed and fosters a better understanding of market trends.



**Archyde:** Thank you for your insights, [Alex Reed Expert Name]. We appreciate your time and expertise.