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ASIA STOCKS: Foreign Investors Continue Selling Asia Tech Stocks

ASIA STOCKS

Taiwan saw another large outflow on Wednesday, while Foreign investors were large sellers of Samsung with the stock hitting four year lows.

  • South Korea: Recorded outflows of -$451m yesterday, with a 5-day total of -$911m. YTD flows remain positive at +$6.156b. The 5-day average is -$182m, worse than the 20-day average of -$164m and the 100-day average of -$97m.
  • Taiwan: Posted outflows of -$1.350b yesterday, totaling -$2.448b over the past 5 days. YTD flows remain negative at -$14.122b. The 5-day average is -$490m, worse than the 20-day average of -$133m and the 100-day average of -$182m.
  • India: Experienced inflows of +$337m Tuesday, with a 5-day outflow of -$1.236b. YTD flows are negative at -$2.413b. The 5-day average is -$247m, better than the 20-day average of -$307m but worse than the 100-day average of +$4m.
  • Indonesia: Posted outflows of -$44m yesterday, bringing the 5-day total to -$456m. YTD flows remain positive at +$2.025b. The 5-day average is -$91m, worse than the 20-day average of -$40m but better than the 100-day average of +$20m.
  • Thailand: Recorded inflows of +$5m yesterday, with a total outflow of -$100m over the past 5 days. YTD flows are negative at -$3.606b. The 5-day average is -$20m, slightly better than the 20-day average of -$22m but worse than the 100-day average of -$7m.
  • Malaysia: Experienced outflows of -$11m yesterday, contributing to a 5-day outflow of -$147m. YTD flows are positive at +$250m. The 5-day average is -$29m, worse than the 20-day average of -$16m but better than the 100-day average of +$3m.
  • Philippines: Saw outflows of -$20m yesterday, with net outflows of -$151m over the past 5 days. YTD flows remain negative at -$141m. The 5-day average is -$30m, worse than the 20-day average of -$11m but better than the 100-day average of +$4m.

Table 1: EM Asia Equity Flows

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Taiwan saw another large outflow on Wednesday, while Foreign investors were large sellers of Samsung with the stock hitting four year lows.

  • South Korea: Recorded outflows of -$451m yesterday, with a 5-day total of -$911m. YTD flows remain positive at +$6.156b. The 5-day average is -$182m, worse than the 20-day average of -$164m and the 100-day average of -$97m.
  • Taiwan: Posted outflows of -$1.350b yesterday, totaling -$2.448b over the past 5 days. YTD flows remain negative at -$14.122b. The 5-day average is -$490m, worse than the 20-day average of -$133m and the 100-day average of -$182m.
  • India: Experienced inflows of +$337m Tuesday, with a 5-day outflow of -$1.236b. YTD flows are negative at -$2.413b. The 5-day average is -$247m, better than the 20-day average of -$307m but worse than the 100-day average of +$4m.
  • Indonesia: Posted outflows of -$44m yesterday, bringing the 5-day total to -$456m. YTD flows remain positive at +$2.025b. The 5-day average is -$91m, worse than the 20-day average of -$40m but better than the 100-day average of +$20m.
  • Thailand: Recorded inflows of +$5m yesterday, with a total outflow of -$100m over the past 5 days. YTD flows are negative at -$3.606b. The 5-day average is -$20m, slightly better than the 20-day average of -$22m but worse than the 100-day average of -$7m.
  • Malaysia: Experienced outflows of -$11m yesterday, contributing to a 5-day outflow of -$147m. YTD flows are positive at +$250m. The 5-day average is -$29m, worse than the 20-day average of -$16m but better than the 100-day average of +$3m.
  • Philippines: Saw outflows of -$20m yesterday, with net outflows of -$151m over the past 5 days. YTD flows remain negative at -$141m. The 5-day average is -$30m, worse than the 20-day average of -$11m but better than the 100-day average of +$4m.

Table 1: EM Asia Equity Flows