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ASIA STOCKS: Equity Flows Mixed, Taiwan Gets Boost Following TSMC Earnings Beat

ASIA STOCKS

Flows were mixed on Thursday, Taiwan saw inflows likely linked to TSMC's earnings beat, while all other regions saw mixed flows.

  • South Korea: Recorded outflows of -$292m yesterday, bringing the 5-day total to -$1.05b. YT) flows remain positive at +9.14b. The 5-day average is -$210m, worse than the 20-day average of -$194m and the 100-day average of -$60m.
  • Taiwan: Saw inflows of +$135m yesterday and +$769m over the past 5 days. However, YTD flows remain deeply negative at -12.47b. The 5-day average is +$154m, better than the 20-day average of +$108m, and above the 100-day average of -$166m.
  • India: Experienced outflows of -$305m yesterday, with the past 5 days totaling -$1.95b. YTD inflows stand at +$3.42b. The 5-day average is -$391m, worse than both the 20-day average of -$259m and the 100-day average of +$65m.
  • Indonesia: Posted inflows of +$79m yesterday, bringing the 5-day total to +5$4m. YTD flows remain positive at +$2.90b. The 5-day average is +$11m, better than the 20-day average of -$37m but lower than the 100-day average of +$30m.
  • Thailand: Recorded outflows of -$77m yesterday, and -$104m over the past 5 days. YTD flows are negative at -$3.12b. The 5-day average is -$21m, worse than both the 20-day average of -$26m and the 100-day average of -$12m.
  • Malaysia: Saw inflows of +$53m yesterday, contributing to a 5-day inflow of +$16m. YTD flows stand at +$626m. The 5-day average is +$3m, better than the 20-day average of -$18m and in line with the 100-day average of +$5m.
  • Philippines: Reported minor outflows of -$1m yesterday, but net inflows of +$15m over the past 5 days. YTD flows are +$94m. The 5-day average is +$3m, better than the 100-day average of +$4m, but below the 20-day average of +$14m.

Table 1: EM Asia Equity Flows

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Flows were mixed on Thursday, Taiwan saw inflows likely linked to TSMC's earnings beat, while all other regions saw mixed flows.

  • South Korea: Recorded outflows of -$292m yesterday, bringing the 5-day total to -$1.05b. YT) flows remain positive at +9.14b. The 5-day average is -$210m, worse than the 20-day average of -$194m and the 100-day average of -$60m.
  • Taiwan: Saw inflows of +$135m yesterday and +$769m over the past 5 days. However, YTD flows remain deeply negative at -12.47b. The 5-day average is +$154m, better than the 20-day average of +$108m, and above the 100-day average of -$166m.
  • India: Experienced outflows of -$305m yesterday, with the past 5 days totaling -$1.95b. YTD inflows stand at +$3.42b. The 5-day average is -$391m, worse than both the 20-day average of -$259m and the 100-day average of +$65m.
  • Indonesia: Posted inflows of +$79m yesterday, bringing the 5-day total to +5$4m. YTD flows remain positive at +$2.90b. The 5-day average is +$11m, better than the 20-day average of -$37m but lower than the 100-day average of +$30m.
  • Thailand: Recorded outflows of -$77m yesterday, and -$104m over the past 5 days. YTD flows are negative at -$3.12b. The 5-day average is -$21m, worse than both the 20-day average of -$26m and the 100-day average of -$12m.
  • Malaysia: Saw inflows of +$53m yesterday, contributing to a 5-day inflow of +$16m. YTD flows stand at +$626m. The 5-day average is +$3m, better than the 20-day average of -$18m and in line with the 100-day average of +$5m.
  • Philippines: Reported minor outflows of -$1m yesterday, but net inflows of +$15m over the past 5 days. YTD flows are +$94m. The 5-day average is +$3m, better than the 100-day average of +$4m, but below the 20-day average of +$14m.

Table 1: EM Asia Equity Flows