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ASIA STOCKS: Foreign Investors Continue Selling Asian Tech Stocks

ASIA STOCKS
  • South Korea: Saw $742m of outflows yesterday, with the past 5 sessions totaling -$2.43b, while YTD stands at +$13.02b. The 5-day average is -$487m, below both the 20-day average of -$185m and the 100-day average of -$6m.
  • Taiwan: Experienced $313m of outflows yesterday, with the past 5 sessions reaching -$3.37b, while YTD is -$16.14b, marking the worst performance in the region. The 5-day average is -$673m, significantly below the 20-day average of -$298m and the 100-day average of -$172m.
  • India: Recorded an inflow of $353m Tuesday, with the past 5 sessions now totaling +$801m, while YTD is +$19.94b. The 5-day average is +$153m, below the 20-day average of +$271m but above the 100-day average of +$57m.
  • Indonesia: Saw an inflow of $15m yesterday, with the past 5 sessions netting +$175m, while YTD flows are +$2.10b. The 5-day average is +$35m, below the 20-day average of +$93m but above the 100-day average of +$10m.
  • Thailand: Experienced an inflow of $79m yesterday, with the past 5 sessions now totaling +$745m, while YTD flows are -$2.78b. The 5-day average is +$149m, significantly above the 20-day average of +$26m and the 100-day average of -$12m.
  • Malaysia: Saw an outflow of $30m yesterday, with the past 5 sessions netting +$114m, while YTD flows are +$933m. The 5-day average is +$23m, below the 20-day average of +$49m but above the 100-day average of +$15m.
  • Philippines: Experienced an inflow of $6m yesterday, with the past 5 sessions totaling +$50m, while YTD flows are -$264m. The 5-day average is +$10m, slightly below the 20-day average of +$12m but above the 100-day average of -$4m.

Table 1: EM Asia Equity Flows

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