ASIA STOCKS
Outflows across all countries on Thursday, short-term outflows have been increasing across most countries, although Taiwan saw decent inflows recently on the back of strong TSMC earnings.
- South Korea: Recorded outflows of -$492m yesterday, bringing the 5-day total to -$856m. YTD flows remain positive at +$8.285b. The 5-day average is -$171m, similar to the 20-day average of -$153m and worse than the 100-day average of -$70m.
- Taiwan: Experienced outflows of -$278m yesterday, totaling +$1.781b over the past 5 days. YTD flows are negative at -$10.684b. The 5-day average is +$356m, better than the 20-day average of +$131m but worse than the 100-day average of -$168m.
- India: Saw outflows of -$594m Wednesday, with a total outflow of -$1.256b over the past 5 days. YTD inflows stand at +$2.159b. The 5-day average is -$251m, worse than the 20-day average of -$433m but slightly better than the 100-day average of +$45m.
- Indonesia: Posted outflows of -$30m yesterday, bringing the 5-day total to -$173m. YTD flows remain positive at +$2.731b. The 5-day average is -$35m, close to the 20-day average of -$38m and near the 100-day average of +$31m.
- Thailand: Recorded outflows of -$12m yesterday, totaling -$167m over the past 5 days. YTD flows are negative at -$3.211b. The 5-day average is -$33m, better than the 20-day average of -$39m but worse than the 100-day average of -$11m.
- Malaysia: Experienced outflows of -$53m yesterday, contributing to a 5-day outflow of -$3m. YTD flows stand at +$623m. The 5-day average is -$1m, better than the 20-day average of -$13m and close to the 100-day average of +$8m.
- Philippines: Saw minimal outflows of -$4m yesterday, with net outflows of -$1m over the past 5 days. YTD flows are positive at +$93m. The 5-day average is $0m, in line with the 20-day average of +$4m and the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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