ASIA STOCKS
Taiwan continues to see elevated outflows, largely linked to selling in the Semiconductor space. South Korea's Samsung also continues to see heavy selling and continues to make new multi-year lows. Asian markets on a whole continue to see outflows following the US election.
- South Korea: Recorded outflows of -$167m yesterday, with a 5-day total of -$1.093b. YTD flows remain positive at +$5.988b. The 5-day average is -$219m, worse than the 20-day average of -$158m and the 100-day average of -$104m.
- Taiwan: Posted outflows of -$760m yesterday, totaling -$3.253b over the past 5 days. YTD flows remain negative at -$14.882b. The 5-day average is -$651m, worse than the 20-day average of -$114m and the 100-day average of -$195m.
- India: Experienced outflows of -$160m Wednesday, with a 5-day outflow of -$956m. YTD flows are negative at -$2.573b. The 5-day average is -$191m, better than the 20-day average of -$299m but worse than the 100-day average of -$9m.
- Indonesia: Posted outflows of -$50m yesterday, bringing the 5-day total to -$402m. YTD flows remain positive at +$1.975b. The 5-day average is -$80m, worse than the 20-day average of -$46m but better than the 100-day average of +$20m.
- Thailand: Recorded outflows of -$93m yesterday, with a total outflow of -$141m over the past 5 days. YTD flows are negative at -$3.699b. The 5-day average is -$28m, slightly better than the 20-day average of -$33m but worse than the 100-day average of -$7m.
- Malaysia: Experienced outflows of -$15m yesterday, contributing to a 5-day outflow of -$78m. YTD flows are positive at +$235m. The 5-day average is -$16m, similar to the 20-day average of -$17m but better than the 100-day average of +$4m.
- Philippines: Saw outflows of -$35m yesterday, with net outflows of -$119m over the past 5 days. YTD flows remain negative at -$176m. The 5-day average is -$24m, worse than the 20-day average of -$14m but better than the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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