Indonesia's stocks see foreign inflow as outlook improves
AI Summary1 min read
TL;DR
Indonesian stocks are attracting foreign investment for the first time in over a year, boosted by a 23% gain and government stimulus, with $1.7 billion in net inflows this quarter.
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Indonesia stocksforeign investmentJakarta Composite Indexeconomic outlookgovernment stimulus
Indonesian stocks are poised for their first quarterly inflow of foreign funds in over a year, driven by a 23% year-to-date gain and government stimulus. Overseas investors have bought $1.7 billion of Indonesian equities on a net basis so far in the current quarter, with the benchmark Jakarta Composite Index outperforming the MSCI Asean Index. Experts believe Indonesia's young economy and favorable rate environment make it a promising market.
