Free Trial

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

 

307 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

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