ASIA STOCKS
Asian equity flows were slightly negative on Monday, however Taiwan continues to see inflows following TSMC earnings however the momentum of inflows is slowing.
- South Korea: Recorded inflows of +$28m yesterday, bringing the 5-day total to -$843m. Year-to-date (YTD) flows remain positive at +$8.054b. The 5-day average is -$169m, worse than the 20-day average of -$133m and the 100-day average of -$66m.
- Taiwan: Experienced inflows of +$258m yesterday, totaling +$369m over the past 5 days. YTD flows are negative at -$9.887b. The 5-day average is +$74m, better than the 20-day average of +$98m but worse than the 100-day average of -$136m.
- India: Saw outflows of -$360m yesterday, with a total outflow of -$710m over the past 5 days. YTD inflows stand at +$1.224b. The 5-day average is -$142m, better than the 20-day average of -$527m but slightly worse than the 100-day average of +$42m.
- Indonesia: Posted outflows of -$16m yesterday, bringing the 5-day total to -$267m. YTD flows remain positive at +$2.676b. The 5-day average is -$53m, worse than the 20-day average of -$29m but better than the 100-day average of +$31m.
- Thailand: Recorded outflows of -$24m yesterday, totaling -$106m over the past 5 days. YTD flows are negative at -$3.236b. The 5-day average is -$21m, better than the 20-day average of -$37m but worse than the 100-day average of -$10m.
- Malaysia: Experienced outflows of -$27m yesterday, contributing to a 5-day outflow of -$81m. YTD flows stand at +$581m. The 5-day average is -$16m, worse than the 20-day average of -$11m but slightly better than the 100-day average of +$7m.
- Philippines: Saw outflows of -$1m yesterday, with net outflows of -$7m over the past 5 days. YTD flows are positive at +$93m. The 5-day average is -$1m, worse than the 20-day average of +$4m and the 100-day average of +$5m.
Table 1: EM Asia Equity Flows
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