October 31, 2024 00:19 GMT
ASIA STOCKS: Foreign Investors Continue Selling Asian Equities
ASIA STOCKS
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Outflows across the board in Asian on Wednesday. Thailand saw a large outflow of $126m, which matches the large inflow of $126m from about two weeks ago, the country has now seen outflows for 23 of the past 24 sessions. Indonesia's outflows are accelerating, while Malaysia saw it's largest outflow since July.
- South Korea: Recorded outflows of -$292m yesterday, bringing the 5-day total to -$1.108b. YTD flows remain positive at +$7.669b. The 5-day average is -$222m, worse than the 20-day average of -$185m but better than the 100-day average of -$56m.
- Taiwan: Experienced outflows of -$106m yesterday, totaling -$460m over the past 5 days. YTD flows are negative at -$10.866b. The 5-day average is -$92m, worse than the 20-day average of -$14m and the 100-day average of -$136m.
- India: Saw outflows of -$106m yesterday, with a total outflow of -$1.886b over the past 5 days. YTD inflows stand at +$867m. The 5-day average is -$377m, worse than the 20-day average of -$508m but better than the 100-day average of +$28m.
- Indonesia: Posted outflows of -$91m yesterday, bringing the 5-day total to -$208m. YTD flows remain positive at +$2.552b. The 5-day average is -$42m, slightly worse than the 20-day average of -$34m but better than the 100-day average of +$30m.
- Thailand: Recorded outflows of -$127m yesterday, totaling -$213m over the past 5 days. YTD flows are negative at -$3.413b. The 5-day average is -$43m, better than the 20-day average of -$42m but worse than the 100-day average of -$11m.
- 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 -$10m yesterday, with net outflows of -$31m over the past 5 days. YTD flows are positive at +$66m. The 5-day average is -$6m, worse than the 20-day average of +$1m but better than the 100-day average of +$5m.
Table 1: EM Asia Equity Flows
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