November 11, 2024 00:12 GMT
EQUITIES: Asian Equities See Outflow Post US Election
EQUITIES
Flows over the past week have been skewed to selling, with India marking 12 straight sessions of outflows. Indonesia, Thailand, Philippines & Malaysia have all seen an increase in selling as evidenced by the 5-day averages increasing.
- South Korea: Recorded inflows of +$153m Friday, bringing the 5-day total to +$129m. YTD flows remain positive at +$7.234b. The 5-day average is +$26m, better than the 20-day average of -$128m and the 100-day average of -$71m.
- Taiwan: Experienced outflows of -$77m Friday, totaling -$146m over the past 5 days. YTD flows are negative at -$11.705b. The 5-day average is -$29m, worse than the 20-day average of +$76m and the 100-day average of -$138m.
- India: Saw significant outflows of -$668m Thursday, with a total outflow of -$2.375b over the past 5 days. YTD flows are negative at -$1.769b. The 5-day average is -$475m, worse than the 20-day average of -$357m and the 100-day average of +$20m.
- Indonesia: Posted outflows of -$142m Friday, bringing the 5-day total to -$287m. YTD flows remain positive at +$2.236b. The 5-day average is -$57m, worse than the 20-day average of -$30m but better than the 100-day average of +$28m.
- Thailand: Recorded outflows of -$46m Friday, totaling -$106m over the past 5 days. YTD flows are negative at -$3.603b. The 5-day average is -$21m, slightly better than the 20-day average of -$29m and worse than the 100-day average of -$9m.
- Malaysia: Experienced outflows of -$25m Friday, contributing to a 5-day outflow of -$89m. YTD flows stand at +$288m. The 5-day average is -$18m, worse than the 20-day average of -$16m but better than the 100-day average of +$3m.
- Philippines: Saw outflows of -$32m Friday, with net outflows of -$133m over the past 5 days. YTD flows are negative at -$89m. The 5-day average is -$27m, worse than the 20-day average of -$8m and the 100-day average of +$4m.
Table 1: EM Asia Equity Flows
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