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ASIA STOCKS: Asian Equity Flows Mixed, Investors Dump Indian Equities

ASIA STOCKS

Taiwan saw strong inflows on Friday, as investors looks to jump back into TSMC after strong earnings during the week. Elsewhere flows were mixed, SK saw the 3rd session of above 5-day average outflows while India saw the 13th straight session of outflows for a total size of $9.2b over that period.

  • South Korea: Recorded outflows of -$371m Friday, bringing the 5-day total to -$1.02b. YTD flows remain positive at +$8.77b. The 5-day average is -$205m, worse than the 20-day average of -$231m and the 100-day average of -$63m.
  • Taiwan: Saw strong inflows of +$1.45b Friday, with +$1.40b over the past 5 days. YTD flows remain deeply negative at -$11.01b. The 5-day average is +$280m, better than the 20-day average of +$192m and above the 100-day average of -$162m.
  • India: Experienced outflows of -$869m Thursday, with a total of -$2.26b over the past 5 days. YTD inflows stand at +$2.55b. The 5-day average is -$452m, worse than both the 20-day average of -$317m and the 100-day average of +$59m.
  • Indonesia: Posted inflows of +$19m Friday, bringing the 5-day total to +$78m. YTD flows remain positive at +$2.92b. The 5-day average is +$16m, better than the 20-day average of -$38m but slightly lower than the 100-day average of +$31m.
  • Thailand: Recorded outflows of -$8m Friday, with -$64m over the past 5 days. YTD flows are negative at -$3.13b. The 5-day average is -$13m, which is better than the 20-day average of -$28m but worse than the 100-day average of -$12m.
  • Malaysia: Saw inflows of +$27m Friday, contributing to a 5-day inflow of +$94m. YTD flows stand at +$653m. The 5-day average is +$19m, better than the 20-day average of -$17m and in line with the 100-day average of +$6m.
  • Philippines: Reported minor inflows of +$3m Friday, with net inflows of +$19m over the past 5 days. YTD flows are +$97m. The 5-day average is +$4m, slightly lower than the 20-day average of +$13m and in line with the 100-day average of +$4m.

Table 1: EM Asia Equity Flows

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Taiwan saw strong inflows on Friday, as investors looks to jump back into TSMC after strong earnings during the week. Elsewhere flows were mixed, SK saw the 3rd session of above 5-day average outflows while India saw the 13th straight session of outflows for a total size of $9.2b over that period.

  • South Korea: Recorded outflows of -$371m Friday, bringing the 5-day total to -$1.02b. YTD flows remain positive at +$8.77b. The 5-day average is -$205m, worse than the 20-day average of -$231m and the 100-day average of -$63m.
  • Taiwan: Saw strong inflows of +$1.45b Friday, with +$1.40b over the past 5 days. YTD flows remain deeply negative at -$11.01b. The 5-day average is +$280m, better than the 20-day average of +$192m and above the 100-day average of -$162m.
  • India: Experienced outflows of -$869m Thursday, with a total of -$2.26b over the past 5 days. YTD inflows stand at +$2.55b. The 5-day average is -$452m, worse than both the 20-day average of -$317m and the 100-day average of +$59m.
  • Indonesia: Posted inflows of +$19m Friday, bringing the 5-day total to +$78m. YTD flows remain positive at +$2.92b. The 5-day average is +$16m, better than the 20-day average of -$38m but slightly lower than the 100-day average of +$31m.
  • Thailand: Recorded outflows of -$8m Friday, with -$64m over the past 5 days. YTD flows are negative at -$3.13b. The 5-day average is -$13m, which is better than the 20-day average of -$28m but worse than the 100-day average of -$12m.
  • Malaysia: Saw inflows of +$27m Friday, contributing to a 5-day inflow of +$94m. YTD flows stand at +$653m. The 5-day average is +$19m, better than the 20-day average of -$17m and in line with the 100-day average of +$6m.
  • Philippines: Reported minor inflows of +$3m Friday, with net inflows of +$19m over the past 5 days. YTD flows are +$97m. The 5-day average is +$4m, slightly lower than the 20-day average of +$13m and in line with the 100-day average of +$4m.

Table 1: EM Asia Equity Flows