ASIA STOCKS: Some Inflows Return Following Consistent Outflows.
- Some signs of positivity yesterday in terms of Asian equity flows. South Korea saw +$261 of inflows following four successive days of outflows. Indonesia, Thailand , Malaysia all turned positive after successive days of outflows but for the Philippines outflows continued.
• South Korea: Recorded inflows of +$261m yesterday, bringing the 5-day total to -$689m. YTD flows remain positive at +$7.365b. The 5-day average is -$138m, the 20-day average of -$152m and the 100-day average of -$66m.
• Taiwan: Experienced outflows of -$230m yesterday, totaling -$1,644m over the past 5 days. YTD flows are negative at -$11,789b. The 5-day average is -$329m, worse than the 20-day average of +$21m and the 100-day average of -$139m.
• Indonesia: Posted inflows of +$17m yesterday, bringing the 5-day total to -$136m. YTD flows remain positive at +$2.540b. The 5-day average is -$27m, in line with the 20-day average with the 100-day average of +$32m.
• Thailand: Recorded inflows of +$1m yesterday, totaling -$261m over the past 5 days. YTD flows are negative at -$3.497b. The 5-day average is -$52m, the 20-day average is -$31m and the 100-day average of -$10m.
• Malaysia: Posted inflows of +$37m yesterday, contributing to a 5-day outflow of -$194m. YTD flows stand at +$414m. The 5-day average is -$39m, worse than the 20-day average of -$10m with the 100-day average +$6m.
• Philippines: Saw outflows of -$13m yesterday, with net outflows of -$63m over the past 5 days. YTD flows are positive at +$31m. The 5-day average is -$13m, worse than the 20-day average of -$1m and the 100-day average of +$5m.