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ASIA STOCKS: Asian Equity Flows Mixed, Thailand Selling Streak Continues

ASIA STOCKS

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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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