ASIA STOCKS
Taiwan saw its largest inflows since the US election, dip buyers emerged in Asia semiconductors stocks. Indonesia has now seen 10 straight sessions of outflows, while Philippines have seen 16 straight sessions of outflows.
- South Korea: Recorded outflows of -$37m yesterday, with a 5-day total of -$506m. YTD flows remain positive at +$5.65b. The 5-day average is -$101m, better than the 20-day average of -$156m but worse than the 100-day average of -$107m.
- Taiwan: Posted inflows of +$527m yesterday, totaling -$1.81b over the past 5 days. YTD flows remain negative at -$14.59b. The 5-day average is -$363m, worse than the 20-day average of -$216m and the 100-day average of -$212m.
- India: Experienced outflows of -$240m yesterday, with a 5-day outflow of -$284m. YTD flows are negative at -$2.47b. The 5-day average is -$57m, better than the 20-day average of -$251m but worse than the 100-day average of -$9m.
- Indonesia: Posted outflows of -$47m yesterday, bringing the 5-day total to -$235m. YTD flows remain positive at +$1.83b. The 5-day average is -$47m, slightly worse than the 20-day average of -$55m but better than the 100-day average of +$22m.
- Thailand: Recorded outflows of -$13m yesterday, with a total outflow of -$80m over the past 5 days. YTD flows are negative at -$3.69b. The 5-day average is -$16m, better than the 20-day average of -$27m but worse than the 100-day average of -$6m.
- Malaysia: Posted inflows of +$15m yesterday, reducing the 5-day outflow to -$19m. YTD flows remain positive at +$242m. The 5-day average is -$4m, better than the 20-day average of -$21m but worse than the 100-day average of +$4m.
- Philippines: Saw outflows of -$20m yesterday, with net outflows of -$111m over the past 5 days. YTD flows remain negative at -$232m. The 5-day average is -$22m, worse than the 20-day average of -$17m and the 100-day average of +$3m.
Table 1: EM Asia Equity Flows
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