(Bloomberg) Southeast Asian stocks are on a tear this month, outperforming the rest of the region in a rally that’s being fueled by rising commodity prices and economic reopening from the coronavirus pandemic.
JAKARTA (The Jakarta Post/ANN): Indonesia is expected to remain lucrative for foreign funds in 2021, according to analysts, as investors are on a return hunt amid a low interest rate trend and quantitative easing measures implemented in various countries around the world.
As countries grapple to contain the Covid-19 pandemic, central banks around the world are expected to continue quantitative easing measures and maintain interest rates at a low level to spur economic activity.
Such a situation is expected to bring foreign capital inflow to emerging markets, including Indonesia, Mandiri Sekuritas fixed income analyst Handy Yunianto said on Dec 22.
“Ample liquidity and low yields will send foreign investors to seek high yield assets and Indonesia still offers that attractive yield, ” he said during an online press briefing.