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ASIA STOCKS: Korean and Taiwan Flows Turn Positive Whilst Others Fall.

ASIA STOCKS
EM BulletAPACEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • Uncertainty as to the outcome of the US Election drove volatility in the region and a flight to USD resulted in consistent and strong outflows from Asia equities over the week.
  • With the exception of South Korea, all flows were negative for the week, the largest being India.
  • The Trump administration and the potential for tariffs will continue to influence investor decision in the near term with flows into the region to remain volatile.
  • Yesterday saw further significant outflows across the region with India the biggest decline to extend the outflows two eleven consecutive trading days.
  • Korea has had a turnaround in the last 5-days to turning positive following a very weak period.

 

  • South Korea: Recorded inflows of +$72m yesterday, bringing the 5-day total to +$49b. YTD flows remain positive at +$7.153b. The 5-day average is +$10m, the 20-day average is -$132m and the 100-day average of -$72m.
  • Taiwan: Experienced inflows of +$46m yesterday, with total outflows of -$762m over the past 5 days. YTD flows are negative at -$11,628b. The 5-day average is -$152m, the 20-day average of+$90m and the 100-day average of -$131m.
  • India: Saw outflows of -$441m as of Wednesday, with a total outflow of -$1,968b over the previous 5 days. YTD inflows stand at +$2,325m. The 5-day average is -$394m, the 20-day average of -$345m and the 100-day average of +$27m.
  • Indonesia: Posted outflows of -$104m yesterday, bringing the 5-day total to -$153m. YTD flows remain positive at +$2.378b. The 5-day average is -$31m, the 20-day average is -$24m the 100-day average of +$29m.
  • Thailand: Recorded outflows of -$51m yesterday, totaling -$131m over the past 5 days. YTD flows are negative at -$3.557b. The 5-day average is -$26m, the 20-day average of -$30m the 100-day average of -$9m.
  • Malaysia: Experienced outflows of -$84m yesterday, contributing to a 5-day outflow of -$81m. YTD flows stand at +$313m. The 5-day average is -$16m, the 20-day average of -$14m the 100-day average of +$3m.

  • Philippines: Saw outflows of -$67m yesterday, with net outflows of -$123m over the past 5 days. YTD flows are negative at -$56m. The 5-day average is -$25m, the 20-day average of -$7m the 100-day average of +$4m.

     

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  • Uncertainty as to the outcome of the US Election drove volatility in the region and a flight to USD resulted in consistent and strong outflows from Asia equities over the week.
  • With the exception of South Korea, all flows were negative for the week, the largest being India.
  • The Trump administration and the potential for tariffs will continue to influence investor decision in the near term with flows into the region to remain volatile.
  • Yesterday saw further significant outflows across the region with India the biggest decline to extend the outflows two eleven consecutive trading days.
  • Korea has had a turnaround in the last 5-days to turning positive following a very weak period.

 

  • South Korea: Recorded inflows of +$72m yesterday, bringing the 5-day total to +$49b. YTD flows remain positive at +$7.153b. The 5-day average is +$10m, the 20-day average is -$132m and the 100-day average of -$72m.
  • Taiwan: Experienced inflows of +$46m yesterday, with total outflows of -$762m over the past 5 days. YTD flows are negative at -$11,628b. The 5-day average is -$152m, the 20-day average of+$90m and the 100-day average of -$131m.
  • India: Saw outflows of -$441m as of Wednesday, with a total outflow of -$1,968b over the previous 5 days. YTD inflows stand at +$2,325m. The 5-day average is -$394m, the 20-day average of -$345m and the 100-day average of +$27m.
  • Indonesia: Posted outflows of -$104m yesterday, bringing the 5-day total to -$153m. YTD flows remain positive at +$2.378b. The 5-day average is -$31m, the 20-day average is -$24m the 100-day average of +$29m.
  • Thailand: Recorded outflows of -$51m yesterday, totaling -$131m over the past 5 days. YTD flows are negative at -$3.557b. The 5-day average is -$26m, the 20-day average of -$30m the 100-day average of -$9m.
  • Malaysia: Experienced outflows of -$84m yesterday, contributing to a 5-day outflow of -$81m. YTD flows stand at +$313m. The 5-day average is -$16m, the 20-day average of -$14m the 100-day average of +$3m.

  • Philippines: Saw outflows of -$67m yesterday, with net outflows of -$123m over the past 5 days. YTD flows are negative at -$56m. The 5-day average is -$25m, the 20-day average of -$7m the 100-day average of +$4m.