20 Top Losing Stocks in Indonesia in March 2026

According to the Indonesia Stock Exchange (BEI) report, the Composite Stock Price Index (IHSG) closed at 7.048,22 on March 2026 trading.

The IHSG plummeted by 14.42% on a monthly basis (month-to-month/mtm), but still grew by 8.26% compared to March last year (year-on-year/yoy).

In March 2026, the issuer whose stock price fell the most on a monthly basis was PT Indospring Tbk (INDS), with a correction of 67.64% compared to the end of February 2026 (mtm).

Here is the list of the top 20 losers in Indonesia in March 2026, according to BEI data:

1. PT Indospring Tbk (INDS): -67.64% (mtm)
2. PT Hotel Fitra International Tbk (FITT): -65.53%
3. PT MD Pictures Tbk (FILM): -63.45%
4. PT Aesler Grup Internasional Tbk (RONY): -58.59%
5. PT Dua Putra Utama Makmur Tbk (DPUM): -56.67%
6. PT Bakrie & Brothers Tbk (BNBR): -51.40%
7. PT Bersama Zatta Jaya Tbk (ZATA): -50.92%
8. PT LCK Global Kedaton Tbk (LCKM): -47.14%
9. PT Multipolar Technology Tbk (MLPT): -46.48%
10. PT Multi Garam Utama Tbk (FOLK): -46.35%
11. PT Protech Mitra Perkasa Tbk (OASA): -43.60%
12. PT Guna Timur Raya Tbk (TRUK): -42.36%
13. PT Danasupra Erapacific Tbk (DEFI): -42.15%
14. PT PP Presisi Tbk (PPRE): -41.74%
15. PT Royalindo Investa Wijaya Tbk (INDO): -40.78%
16. PT GTSI Internasional Tbk (GTSI): -40%
17. PT Daaz Bara Lestari Tbk (DAAZ): -39.80%
18. PT Intermedia Capital Tbk (MDIA): -39.29%
19. PT Jaya Sukses Makmur Sentosa Tbk (RISE): -39.25%
20. PT Astrindo Nusantara Infrastruktur Tbk (BIPI): -38.78%