Indonesian stocks are experiencing a continuous outflow of foreign investors, with November seeing a total of $891 million in outflows. The strong performance of the U.S. dollar has made emerging-market assets less attractive, leading to this shift in investor sentiment.

As a result, Indonesia's benchmark equity index is approaching a correction, having declined around 9% from its record high in September. Foreign investors are showing caution regarding the stability and appeal of Indonesian equities in light of the strengthening dollar.

This decline in foreign investment has raised concerns about the future performance of Indonesian stocks. The ongoing outflows and the weakening appeal of emerging-market assets have led to a decline in the benchmark equity index. It is important for investors to carefully evaluate the stability and potential risks associated with Indonesian equities in the current market conditions.