ASIA STOCKS
Taiwan saw large outflow on Tuesday as TSMC sold off a touch. Thailand & India have seen just a single day of inflows for the past 20 plus sessions, with a total outflows of almost $11b from India over that time.
- South Korea: Recorded outflows of -$93m yesterday, bringing the 5-day total to -$627m. Year-to-date (YTD) flows remain positive at +$7.961b. The 5-day average is -$125m, better than the 20-day average of -$163m and worse than the 100-day average of -$61m.
- Taiwan: Experienced outflows of -$873m yesterday, totaling -$578m over the past 5 days. YTD flows are negative at -$10.760b. The 5-day average is -$116m, worse than the 20-day average of +$19m and the 100-day average of -$134m.
- India: Saw outflows of -$251m yesterday, with a total outflow of -$2.235b over the past 5 days. YTD inflows stand at +$973m. The 5-day average is -$447m, worse than the 20-day average of -$541m but better than the 100-day average of +$37m.
- Indonesia: Posted outflows of -$32m yesterday, bringing the 5-day total to -$291m. YTD flows remain positive at +$2.643b. The 5-day average is -$58m, worse than the 20-day average of -$32m but better than the 100-day average of +$31m.
- Thailand: Recorded outflows of -$51m yesterday, totaling -$136m over the past 5 days. YTD flows are negative at -$3.286b. The 5-day average is -$27m, better than the 20-day average of -$37m but worse than the 100-day average of -$9m.
- Malaysia: Experienced outflows of -$79m yesterday, contributing to a 5-day outflow of -$185m. YTD flows stand at +$502m. The 5-day average is -$37m, worse than the 20-day average of -$14m but better than the 100-day average of +$6m.
- Philippines: Saw outflows of -$16m yesterday, with net outflows of -$23m over the past 5 days. YTD flows are positive at +$77m. The 5-day average is -$5m, worse than the 20-day average of +$2m and the 100-day average of +$5m.
Table 1: EM Asia Equity Flows
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