Foreign Investors Snap Up Most Indonesian Stocks in Four Months

Overseas 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 warning that it may downgrade Indonesia to frontier-market status.