Indonesia's stocks see foreign inflow as outlook improves

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.