October 14, 2024 01:23 GMT
ASIA STOCKS: Asian Equity Flows Mixed, Thailand Selling Streak Continues
ASIA STOCKS
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Asian equity flows were mixed on Friday, South Korea saw outflows largely linked to the recent under performance of Samsung. Elsewhere Malaysia saw a large $40m outflow, while Thailand marked 13 straight sessions of selling by foreign investors.
- South Korea: Saw outflows of -$395m Friday, with the past 5 sessions netting -$522m, while YTD flows are +$9.79b. The 5-day average is -$104m, below both the 20-day average of -$260m and the 100-day average of -$51m.
- Taiwan: Saw inflows of +$818m Friday, with the past 5 sessions netting -$209m, while YTD flows are -$12.42b. The 5-day average is -$42m, below the 20-day average of +$133m, and the 100-day average of -$151m.
- India: Saw outflows of -$564m Thursday, with the past 5 sessions totaling -$3.76b, while YTD flows are +$4.81b. The 5-day average is -$752m, below the 20-day average of -$89m but above the 100-day average of +$75m.
- Indonesia: Saw outflows of -$6m Friday, with the past 5 sessions netting -$291m, while YTD flows are +$2.84b. The 5-day average is -$58m, below the 20-day average of +$32m but above the 100-day average of +$28m.
- Thailand: Saw outflows of -$35m Friday, with the past 5 sessions totaling -$190m, while YTD flows are -$3.10b. The 5-day average is -$38m, below the 20-day average of -$20m and the 100-day average of -$13m.
- Malaysia: Saw outflows of -$51m Friday, with the past 5 sessions netting -$46m, while YTD flows are +$559m. The 5-day average is -$9m, below both the 20-day average of -$18m but above the 100-day average of +$6m.
- Philippines: Saw no flows Friday, with the past 5 sessions netting +$23m, while YTD flows are +$78m. The 5-day average is +$5m, below both the 20-day average of +$17m but above the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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