Foreigners Revisit Indonesia Stocks on Easing Economic Concerns

Indonesian stocks are poised for their first monthly inflow since September as subsiding economic concerns and attractive banking shares lure investors.

The country’s equity market posted $83.8 million in net foreign inflows as of May 15 after seven straight months of outflows. That comes as the Jakarta Composite Index nears a bull market, having recovered by roughly 18% from a low in early April after the US paused reciprocal tariffs.