Something interesting is brewing in Southeast Asia's biggest market. Indonesian equities are about to see their first quarterly net inflow from international money managers in over a year. That's not just a technical bounce—it signals shifting sentiment.

After months of outflows, foreign investors are circling back. What changed? Confidence. Whether it's stabilizing macro conditions, political clarity, or simply valuation appeal, the narrative around Indonesia is flipping. For a market that's been written off by some analysts recently, this reversal matters.

Emerging markets like Indonesia often move in waves. When capital retreats, it can feel relentless. But when it returns? The momentum builds fast. Institutional flows don't pivot on a whim—they follow conviction. And right now, that conviction is pointing toward Jakarta.

For traders watching regional plays, this could be an early signal. Indonesia's equity market isn't tiny—it anchors Southeast Asia's financial landscape. A sustained turnaround here could ripple across ASEAN assets, crypto interest included. After all, macro sentiment and risk appetite don't live in silos.

Keep an eye on this. First quarter in green might just be the beginning.