ASIA STOCKS
Flows were slightly negative on Thursday, however nothing major with outflows in both Taiwan & South Korea below their short-term averages, however there was a large outflow from Indonesian equities more than erasing all inflows from the past week.
- South Korea: Recorded outflows of $36m yesterday, with a 5-day total of +$110m. YTD flows remain positive at +$3.91b. The 5-day average is +$22m, better than the 20-day average of -$105m and the 100-day average of -$155m.
- Taiwan: Experienced outflows of $177m yesterday, with a 5-day total of -$855m. YTD flows are deeply negative at -$17.12b. The 5-day average is -$171m, worse than the 20-day average of -$112m and the 100-day average of -$188m.
- India: Posted inflows of $23m yesterday, with a 5-day total of +$1.34b. YTD flows remain positive at +$1.15b. The 5-day average is +$268m, better than the 20-day average of +$169m but worse than the 100-day average of -$15m.
- Indonesia: Recorded outflows of $137m yesterday, with a 5-day total of -$93m. YTD flows remain positive at +$1.45b. The 5-day average is -$19m, better than the 20-day average of -$29m but worse than the 100-day average of +$16m.
- Thailand: Saw outflows of $45m yesterday, with a 5-day total of -$229m. YTD flows are negative at -$4.02b. The 5-day average is -$46m, worse than the 20-day average of -$21m and the 100-day average of -$7m.
- Malaysia: Experienced outflows of $79m yesterday, with a 5-day total of -$221m. YTD flows are negative at -$665m. The 5-day average is -$44m, comparable to the 20-day average of -$45m but worse than the 100-day average of -$8m.
- Philippines: Posted outflows of $7m yesterday, with a 5-day total of -$1m. YTD flows remain negative at -$332m. The 5-day average is $0m, better than the 20-day average of -$8m and the 100-day average of +$1m.
Table 1: EM Asia Equity Flows
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