ASIA STOCKS
The rotation out of EM Asian equities continues, albeit it small sizes.
- South Korea: Saw inflows of +$29m yesterday, but over the past 5 sessions netted outflows of -$583m, while YTD flows remain positive at +$9.82b. The 5-day average is -$117m, which is higher than the 20-day average of -$246m but below the 100-day average of -$53m.
- Taiwan: Recorded outflows of -$113m yesterday, with the past 5 sessions bringing in +$344m, while YTD flows are still negative at -$12.53b. The 5-day average is +$69m, below the 20-day average of +$165m, and above the 100-day average of -$169m.
- India: Experienced outflows of -$480m Friday, with the past 5 sessions totaling -$3.09b, while YTD flows stand at +$4.33b. The 5-day average is -$618m, higher than the 20-day average of -$131m but above the 100-day average of +$73m.
- Indonesia: Saw outflows of -$19m yesterday, bringing the past 5 sessions to -$259m, with YTD flows at +$2.83b. The 5-day average is -$52m, lower than the 20-day average of -$27m but slightly above the 100-day average of +$28m.
- Thailand: Recorded outflows of -$35m Friday, market was closed on Monday. The past 5 sessions netting -$190m, while YTD flows are -$3.10b. The 5-day average is -$38m, which is below both the 20-day average of -$20m and the 100-day average of -$13m.
- Malaysia: Posted outflows of -$15m yesterday, with the past 5 sessions netting -$26m, while YTD flows are +$544m. The 5-day average is -$5m, better than the 20-day average of -$19m and in line with the 100-day average of +$5m.
- Philippines: Saw outflows of -$9m yesterday, bringing the past 5 sessions to -$10m, while YTD flows remain positive at +$69m. The 5-day average is -$2m, 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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