Bali. Foreign investors have returned to the Indonesia Stock Exchange (IDX) over the past month, recording nearly Rp 13 trillion ($777.5 million) in net buying after an extended period of outflows, IDX President Director Iman Rachman said on Saturday.

“Foreign investors still show year-to-date net sales of Rp 41.8 trillion in the stock market. But what is interesting is that in the past month, they booked almost Rp 13 trillion in net buying. This reflects a positive shift in foreign investor sentiment,” Iman said during an event in Ubud, Bali.

Despite a reduction in foreign ownership of Indonesian equities -- from 46.5 percent in September 2024 to 41.9 percent in September 2025 -- foreign investors’ daily trading value in the same period increased from Rp 4.94 trillion to Rp 5.93 trillion.

“The trend shows that the number of foreign investors and the value of their assets are rising. This signals that Indonesia remains one of their preferred investment destinations,” Iman said.

Iman expects foreign investors to become increasingly active in the coming two months, driven by positive year-end market dynamics.

“Toward the end of the year, portfolio window dressing and the recovery of domestic market sentiment -- supported by expectations of a Federal Reserve rate cut -- may trigger further foreign net buying,” he said.

According to IDX data, there are currently 23,417 foreign investors in the Indonesian stock market with total assets of Rp 3,864 trillion ($231 billion). Foreign investors’ equity ownership stands at 41.9 percent, with a daily trading value of Rp 5.93 trillion, representing 38.3 percent of total exchange transactions.