October 07, 2024 03:46 GMT
ASIA STOCKS: Foreign Investors Rotate Into China Equities
ASIA STOCKS
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Asian equities saw decent size outflows last week as investors looked to rotate in Chinese equities.
- South Korea: Saw inflows of $90m Friday, with the past 5 sessions reaching -$299m, while YTD flows are + $10.41b. The 5-day average is -$60m, which is above the 20-day average of -$294m but below the 100-day average of -$45m.
- Taiwan: Saw outflows of -$666m Friday, with the past 5 sessions netting -$1.02b, while YTD flows are -$12.87b. The 5-day average is -$204m, below both the 20-day average of -$159m and the 100-day average of -$131m.
- India: Saw outflows of -$1.85b Thursday, with the past 5 sessions netting -$2.17b, while YTD flows are + $21.57b. The 5-day average is -$798m, below the 20-day average of + $128m, and the 100-day average of + $92m.
- Indonesia: Saw outflows of -$33m Friday, with the past 5 sessions netting -$319m, while YTD flows are + $3.14b. The 5-day average is -$64m, below the 20-day average of + $58m, but above the 100-day average of + $30m.
- Thailand: Saw outflows of -$31m Friday, with the past 5 sessions totaling -$360m, while YTD flows are -$2.91b. The 5-day average is -$72m, below the 20-day average of + $4m, and the 100-day average of -$9m.
- Malaysia: Saw outflows of -$76m Friday, with the past 5 sessions netting -$263m, while YTD flows are + $605m. The 5-day average is -$53m, below both the 20-day average of -$13m and the 100-day average of + $8m.
- Philippines: Saw inflows of $11m Friday, with the past 5 sessions totaling + $35m, while YTD flows are + $56m. The 5-day average is + $7m, below both the 20-day average of + $18m and the 100-day average of + $4m.
Table 1: EM Asia Equity Flows
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