ASIA STOCKS
Equity flows were muted on Monday, small inflows into Taiwan largely just on the back of stronger global semiconductor prices. Outflows from Thailand, Indonesia, Malaysia & The Philippines continues to hover around their 5-day averages, all negative post the US election.
- South Korea: Recorded outflows of -$10m yesterday, with a 5-day total of -$532m. YTD flows remain positive at +$5.41b. The 5-day average is -$106m, slightly better than the 20-day average of -$132m but worse than the 100-day average of -$117m.
- Taiwan: Experienced inflows of +$211m yesterday, but the 5-day total shows outflows of -$738m. YTD flows remain deeply negative at -$15.85b. The 5-day average is -$148m, better than the 20-day average of -$285m and the 100-day average of -$198m.
- India: Posted inflows of +$127m yesterday, with a 5-day total of -$360m. YTD flows are negative at -$2.42b. The 5-day average is -$72m, better than the 20-day average of -$259m but worse than the 100-day average of -$15m.
- Indonesia: Recorded outflows of -$36m yesterday, with a 5-day total of -$204m. YTD flows remain positive at +$1.68b. The 5-day average is -$41m, slightly better than the 20-day average of -$50m but worse than the 100-day average of +$19m.
- Thailand: Posted outflows of -$59m yesterday, bringing the 5-day total to -$82m. YTD flows are negative at -$3.76b. The 5-day average is -$16m, better than the 20-day average of -$26m and the 100-day average of -$5m.
- Malaysia: Experienced outflows of -$48m yesterday, with a 5-day total of -$83m. YTD flows remain positive at +$144m. The 5-day average is -$17m, better than the 20-day average of -$23m but worse than the 100-day average of +$3m.
- Philippines: Posted outflows of -$5m yesterday, with a 5-day total of -$33m. YTD flows remain negative at -$245m. The 5-day average is -$7m, better than the 20-day average of -$17m but worse than the 100-day average of +$3m.
Table 1: EM Asia Equity Flows
307 words