Asian Equity Flows Positive For the Week

• South Korea: South Korean equities saw inflows of $249m yesterday, contributing to a net inflow of $383m over the past five trading days. Recent trends in indicate a pattern of significant volatility with frequent large inflows with the occasional outflows, suggesting cautious yet optimistic investor sentiment. The 5-day average inflow is $77m, lower than the 20-day average of $176m but higher than the 100-day average of $128m. Year-to-date, South Korea has experienced substantial inflows totaling $17.448b.
• Taiwan: Taiwanese equities had inflows of $1168m yesterday, contributing to a net inflow of $618m over the past five trading days. Recent trends in Taiwanese equity flows show notable fluctuations with both significant inflows and outflows, indicating mixed investor sentiment and high market activity. The 5-day average inflow is $124m, close to the 20-day average of $122m and higher than the 100-day average of $27m. Year-to-date, Taiwan has accumulated inflows of $4.568b.
• India: Indian equities experienced inflows of $467m yesterday, contributing to a net inflow of $1223m over the past five trading days. Post the Indian elections on June 5 we had 15 straight sessions on inflows for a $5.1b total inflow. The 5-day average inflow is $245m, higher than the 20-day average of $193m and significantly higher than the 100-day average outflow of $-25m. Year-to-date, India has seen net inflows of $457m.
• Indonesia: Indonesian equities recorded inflows of $48m yesterday, with a net inflow of $21m over the past five trading days. Equity flows have been mixed recently, with no real trend occurring. The 5-day average outflow is $-4m, close to the 20-day average inflow of $3m and the 100-day average outflow of $-7m. Year-to-date, Indonesia has experienced outflows totaling $-300m.
• Thailand: Thai equities saw outflows of $-37m yesterday, resulting in a net outflow of $-140m over the past five trading days. Recent trends in Thai equity flows show a general pattern of consistent outflows interspersed with occasional modest inflows, indicating a predominantly bearish sentiment among investors. The 5-day average outflow is $-28m, close to the 20-day average of $-43m and higher than the 100-day average outflow of $-25m. Year-to-date, Thailand has seen significant outflows amounting to $-3300m.
• Malaysia: Malaysian equities experienced inflows of $55m yesterday, contributing to a 5-day net inflow of $35m. Equity flows have been mixed with no real trend occurring over the short to medium term. There has been The 5-day average inflow is $7m, which is similar to the 20-day average of $0m and the 100-day average outflow of $-3m. Year-to-date, Malaysia has experienced outflows totaling $-110m.
• Philippines: Philippine equities saw inflows of $8m yesterday, with a 5-day net inflow of $11.3m. Equity flows have been mixed with no real trend occurring over the short to medium term. The 5-day average is $2m, less than the 20-day average outflow of $-3m and the 100-day average outflow of $-6m. Year-to-date, the Philippines has seen outflows totaling $-523m.

Table 1: EM Asia Equity Flows