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ASIA STOCKS: Asian Equity Flows Muted Ahead Of China MOF Meeting

ASIA STOCKS
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Equity flows were muted on Thursday as investors await further details from China's MOF on Saturday.

  • South Korea: Saw inflows of $51m yesterday, with the past 5 sessions netting -373m, while YTD flows are +10.19B. The 5-day average is -75m, below both the 20-day average of -263m and the 100-day average of -48m.
  • Taiwan: Market closed for Public Holiday. The past 5 sessions netted -1.24B, while YTD flows are -13.23B. The 5-day average is -248m, below the 20-day average of +19m, and the 100-day average of -151m.
  • India: Saw outflows of -438m yesterday, with the past 5 sessions totaling -5.04B, while YTD flows are +5.37B. The 5-day average is -1.01B, below the 20-day average of -54m but above the 100-day average of +75m.
  • Indonesia: Saw outflows of -62m yesterday, with the past 5 sessions netting -318m, while YTD flows are +2.85B. The 5-day average is -64m, below the 20-day average of +37m but above the 100-day average of +29m.
  • Thailand: Saw outflows of -48m yesterday, with the past 5 sessions totaling -185m, while YTD flows are -3.07B. The 5-day average is -37m, below the 20-day average of -15m and the 100-day average of -12m.
  • Malaysia: Saw inflows of +13m yesterday, with the past 5 sessions netting -71m, while YTD flows are +609m. The 5-day average is -14m, below both the 20-day average of -16m but above the 100-day average of +6m.
  • Philippines: Saw outflows of -1m yesterday, with the past 5 sessions netting +34m, while YTD flows are +79m. The 5-day average is +7m, 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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Equity flows were muted on Thursday as investors await further details from China's MOF on Saturday.

  • South Korea: Saw inflows of $51m yesterday, with the past 5 sessions netting -373m, while YTD flows are +10.19B. The 5-day average is -75m, below both the 20-day average of -263m and the 100-day average of -48m.
  • Taiwan: Market closed for Public Holiday. The past 5 sessions netted -1.24B, while YTD flows are -13.23B. The 5-day average is -248m, below the 20-day average of +19m, and the 100-day average of -151m.
  • India: Saw outflows of -438m yesterday, with the past 5 sessions totaling -5.04B, while YTD flows are +5.37B. The 5-day average is -1.01B, below the 20-day average of -54m but above the 100-day average of +75m.
  • Indonesia: Saw outflows of -62m yesterday, with the past 5 sessions netting -318m, while YTD flows are +2.85B. The 5-day average is -64m, below the 20-day average of +37m but above the 100-day average of +29m.
  • Thailand: Saw outflows of -48m yesterday, with the past 5 sessions totaling -185m, while YTD flows are -3.07B. The 5-day average is -37m, below the 20-day average of -15m and the 100-day average of -12m.
  • Malaysia: Saw inflows of +13m yesterday, with the past 5 sessions netting -71m, while YTD flows are +609m. The 5-day average is -14m, below both the 20-day average of -16m but above the 100-day average of +6m.
  • Philippines: Saw outflows of -1m yesterday, with the past 5 sessions netting +34m, while YTD flows are +79m. The 5-day average is +7m, below both the 20-day average of +17m but above the 100-day average of +4m.

Table 1: EM Asia Equity Flows