ASIA STOCKS
Taiwan continues to benefit following strong results from TSMC. India has now marked 14 straight session's of selling by foreign investors.
- South Korea: Recorded inflows of +$128m yesterday, bringing the 5-day total to -$926m. YTD flows remain positive at +$8.90b. The 5-day average is -$185m, similar to the 20-day average of -$183m and worse than the 100-day average of -$64m.
- Taiwan: Saw strong inflows of +$758m yesterday, with +$2.27b over the past 5 days. YTD flows remain deeply negative at -$10.26b. The 5-day average is +$455m, better than the 20-day average of +$254m and the 100-day average of -$160m.
- India: Experienced outflows of -$612m yesterday, with a total of -$2.39b over the past 5 days. YTD inflows stand at +$1.93b. The 5-day average is -$478m, worse than both the 20-day average of -$350m and the 100-day average of +$45m.
- Indonesia: Posted inflows of +$21m yesterday, bringing the 5-day total to +$118m. YTD flows remain positive at +$2.94b. The 5-day average is +$24m, better than the 20-day average of -$41m and slightly lower than the 100-day average of +$32m.
- Thailand: Recorded outflows of -$21m yesterday, with -$50m over the past 5 days. YTD flows are negative at -$3.15b. The 5-day average is -$10m, better than the 20-day average of -$31m and similar to the 100-day average of -$12m.
- Malaysia: Saw inflows of +$9m yesterday, contributing to a 5-day inflow of +$118m. YTD flows stand at +$662m. The 5-day average is +$24m, better than the 20-day average of -$15m and in line with the 100-day average of +$6m.
- Philippines: Reported minor inflows of +$3m yesterday, with net inflows of +$31m over the past 5 days. YTD flows are +$100m. The 5-day average is +$6m, slightly lower than the 20-day average of +$12m and in line with the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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