Foreign Investors Snap Up Most Indonesian Stocks in Four Months

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Overseas investors bought the most Indonesian equities in more than four months, as fresh initiatives by regulators to enhance the nation’s market investability bolstered sentiment.Global funds snapped up a net $203.5 million of local shares on Tuesday, the most since Oct. 29, according to data compiled by Bloomberg. Inflows returned in February, following withdrawals in the previous month on MSCI Inc.’s warningBloomberg Terminal that it may downgrade Indonesia to frontier-market status.
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