ASIA STOCKS
Taiwan saw strong inflows on Tuesday, as investors looked to jump back into Tech stocks, this move could largely be unwound today though following AMSL disappointing update overnight. Thailand continued it run of outflows to 14 straight sessions.
- South Korea: Recorded inflows of +$192m yesterday, but over the past 5 sessions saw outflows of -$471m, while YTD flows are positive at +$10.02b. The 5-day average is -$94m, better than the 20-day average of -$219m but below the 100-day average of -$55m.
- Taiwan: Posted inflows of +$1.07b yesterday, bringing the past 5 sessions to +$1.11b, although YTD flows remain negative at -$11.46b. The 5-day average is +$222m, slightly below the 20-day average of +$234m but above the 100-day average of -$159m.
- India: Saw outflows of -$423m Monday with the past 5 sessions amounting to -$2.55b, while YTD flows stand at +$3.90b. The 5-day average is -$509m, which is worse than the 20-day average of -$169m but still higher than the 100-day average of +$72m.
- Indonesia: Recorded inflows of +$22m yesterday, although the past 5 sessions netted outflows of -$227m. YTD flows are at +$2.85b. The 5-day average is -$45m, worse than the 20-day average of -$28m, but in line with the 100-day average of +$28m.
- Thailand: Experienced outflows of -$71m yesterday, with the past 5 sessions resulting in -$226m. YTD flows remain negative at -$3.17b. The 5-day average is -$45m, below both the 20-day average of -$24m and the 100-day average of -$13m.
- Malaysia: Recorded inflows of +$20m yesterday, bringing the past 5 sessions to -$16m. YTD flows are positive at +$564m. The 5-day average is -$3m, better than the 20-day average of -$20m and in line with the 100-day average of +$5m.
- Philippines: Posted inflows of +$11m yesterday, bringing the past 5 sessions to -$7m, while YTD flows remain positive at +$80m. The 5-day average is -$1m, lower than the 20-day average of +$16m, but above the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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