ASIA STOCKS
Taiwan saw the largest outflows since early September on Tuesday, the outflows look largely linked to TSMC with investors likely taking profits following the strong performance post earnings a few weeks ago.
- South Korea: Recorded outflows of -$222m yesterday, with a 5-day total of -$577m. YTD flows remain positive at +$6.607b. The 5-day average is -$115m, worse than the 20-day average of -$170m and the 100-day average of -$94m.
- Taiwan: Posted outflows of -$1.411b yesterday, totaling -$1.179b over the past 5 days. YTD flows remain negative at -$12.772b. The 5-day average is -$236m, worse than the 20-day average of -$12m and the 100-day average of -$168m.
- India: Experienced outflows of -$43m yesterday with a 5-day outflow of -$1.780b. YTD flows are negative at -$2.234b. The 5-day average is -$356m, worse than the 20-day average of -$328m but better than the 100-day average of +$12m.
- Indonesia: Posted outflows of -$70m yesterday, bringing the 5-day total to -$485m. YTD flows remain positive at +$2.069b. The 5-day average is -$97m, worse than the 20-day average of -$39m but better than the 100-day average of +$25m.
- Thailand: Recorded inflows of +$15m yesterday, with a total outflow of -$157m over the past 5 days. YTD flows are negative at -$3.611b. The 5-day average is -$31m, worse than the 20-day average of -$26m and the 100-day average of -$8m.
- Malaysia: Experienced outflows of -$4m yesterday, contributing to a 5-day outflow of -$115m. YTD flows are positive at +$260m. The 5-day average is -$23m, worse than the 20-day average of -$14m but better than the 100-day average of +$3m.
- Philippines: Saw outflows of -$19m yesterday, with net outflows of -$150m over the past 5 days. YTD flows remain negative at -$120m. The 5-day average is -$30m, worse than the 20-day average of -$9m but better than the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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