ASIA STOCKS
South Korea saw large outflows again on Tuesday, with majority of them coming from Samsung as the stock continues to sell off. Indonesia also continues to see outflows, with the past four sessions seeing a net outflow of $365m
- South Korea: Recorded outflows of $574m yesterday, with a 5-day total of -$1.27b. YTD flows remain positive at +$2.87b. The 5-day average is -$254m, worse than the 20-day average of -$141m and the 100-day average of -$160m.
- Taiwan: Saw inflows of $191m yesterday, but a 5-day total of -$396m. YTD flows remain deeply negative at -$16.83b. The 5-day average is -$79m, better than the 20-day average of -$112m and the 100-day average of -$138m.
- India: Posted inflows of $22m Monday, with a 5-day total of +$192m. YTD flows are positive at +$1.10b. The 5-day average is +$38m, lower than the 20-day average of +$167m but better than the 100-day average of -$27m.
- Indonesia: Recorded outflows of $102m yesterday, with a 5-day total of -$333m. YTD flows remain positive at +$1.23b. The 5-day average is -$67m, worse than the 20-day average of -$33m but better than the 100-day average of +$13m.
- Thailand: Saw outflows of $16m yesterday, with a 5-day total of -$176m. YTD flows are negative at -$4.09b. The 5-day average is -$35m, worse than the 20-day average of -$18m and the 100-day average of -$8m.
- Malaysia: Experienced outflows of $82m yesterday, with a 5-day total of -$273m. YTD flows are negative at -$797m. The 5-day average is -$55m, close to the 20-day average of -$52m but worse than the 100-day average of -$9m.
- Philippines: Posted outflows of $23m yesterday, with a 5-day total of -$57m. YTD flows remain negative at -$374m. The 5-day average is -$11m, worse than the 20-day average of -$7m and the 100-day average of +$1m.
Table 1: EM Asia Equity Flows
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