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ASIA STOCKS: Asian Equity Flows Mixed As India Continues To See Heavy Selling

ASIA STOCKS

Muted flows on Thursday, Indonesia saw a slight increase in outflows above the recent averages, while India continues to see heavy outflows, with $10.6b of selling ytd. 

  • South Korea: Recorded -$60m in outflows yesterday, bringing the 5-day total to -$235m. YTD flows remain negative at -$1.28b. The 5-day average is -$47m, worse than the 20-day average of -$102m and the 100-day average of -$126m.
  • Taiwan: Posted +$32m in inflows yesterday, bringing the 5-day total to +$309m. YTD flows remain negative at -$2.38b. The 5-day average is +$62m, better than the 20-day average of -$184m and the 100-day average of -$55m.
  • India: Recorded -$561m in outflows Wednesday, bringing the 5-day total to -$1.76b. YTD outflows remain significant at -$10.61b. The 5-day average is -$352m, worse than the 20-day average of -$329m and the 100-day average of -$202m.
  • Indonesia: Posted -$50m in outflows yesterday, bringing the 5-day total to -$179m. YTD flows are negative at -$610m. The 5-day average is -$36m, worse than the 20-day average of -$20m and the 100-day average of -$28m.
  • Thailand: Saw +$30m in inflows yesterday, bringing the 5-day total to +$35m. YTD flows remain negative at -$286m. The 5-day average is +$7m, better than the 20-day average of -$8m and the 100-day average of -$17m.
  • Malaysia: Registered $0m in inflows yesterday, bringing the 5-day total to +$24m. YTD flows are negative at -$731m. The 5-day average is +$5m, better than the 20-day average of -$26m, but in line with the 100-day average of -$26m.
  • Philippines: Recorded -$6m in outflows yesterday, bringing the 5-day total to -$26m. YTD flows remain negative at -$119m. The 5-day average is -$5m, in line with the 20-day average of -$3m and the 100-day average of -$3m.

Table 1: EM Asia Equity Flows

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Muted flows on Thursday, Indonesia saw a slight increase in outflows above the recent averages, while India continues to see heavy outflows, with $10.6b of selling ytd. 

  • South Korea: Recorded -$60m in outflows yesterday, bringing the 5-day total to -$235m. YTD flows remain negative at -$1.28b. The 5-day average is -$47m, worse than the 20-day average of -$102m and the 100-day average of -$126m.
  • Taiwan: Posted +$32m in inflows yesterday, bringing the 5-day total to +$309m. YTD flows remain negative at -$2.38b. The 5-day average is +$62m, better than the 20-day average of -$184m and the 100-day average of -$55m.
  • India: Recorded -$561m in outflows Wednesday, bringing the 5-day total to -$1.76b. YTD outflows remain significant at -$10.61b. The 5-day average is -$352m, worse than the 20-day average of -$329m and the 100-day average of -$202m.
  • Indonesia: Posted -$50m in outflows yesterday, bringing the 5-day total to -$179m. YTD flows are negative at -$610m. The 5-day average is -$36m, worse than the 20-day average of -$20m and the 100-day average of -$28m.
  • Thailand: Saw +$30m in inflows yesterday, bringing the 5-day total to +$35m. YTD flows remain negative at -$286m. The 5-day average is +$7m, better than the 20-day average of -$8m and the 100-day average of -$17m.
  • Malaysia: Registered $0m in inflows yesterday, bringing the 5-day total to +$24m. YTD flows are negative at -$731m. The 5-day average is +$5m, better than the 20-day average of -$26m, but in line with the 100-day average of -$26m.
  • Philippines: Recorded -$6m in outflows yesterday, bringing the 5-day total to -$26m. YTD flows remain negative at -$119m. The 5-day average is -$5m, in line with the 20-day average of -$3m and the 100-day average of -$3m.

Table 1: EM Asia Equity Flows

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