December 16, 2024 01:07 GMT
ASIA STOCKS: Foreign Investors Better Sellers Of Asian Equities
ASIA STOCKS
Flows continue to remain negative, Taiwan is seeing the largest of the outflows as semiconductor prices bounce around following tariffs and policy announcements out of the US.
- South Korea: Recorded outflows of $117m Friday, with a 5-day total of +$29m. YTD flows remain positive at +$3.83b. The 5-day average is +$6m, better than the 20-day average of -$109m and the 100-day average of -$156m.
- Taiwan: Experienced outflows of $202m Friday, with a 5-day total of -$1.03b. YTD flows are deeply negative at -$17.32b. The 5-day average is -$205m, worse than the 20-day average of -$127m and the 100-day average of -$182m.
- India: Posted outflows of $420m Thursday, with a 5-day total of -$199m. YTD flows remain positive at +$729m. The 5-day average is -$40m, worse than the 20-day average of +$131m and the 100-day average of -$23m.
- Indonesia: Recorded outflows of $87m Friday, with a 5-day total of -$169m. YTD flows remain positive at +$1.37b. The 5-day average is -$34m, similar to the 20-day average of -$31m but worse than the 100-day average of +$15m.
- Thailand: Saw outflows of $14m Friday, with a 5-day total of -$221m. YTD flows are negative at -$4.04b. The 5-day average is -$44m, worse than the 20-day average of -$22m and the 100-day average of -$7m.
- Malaysia: Experienced outflows of $11m Friday, with a 5-day total of -$199m. YTD flows are negative at -$675m. The 5-day average is -$40m, similar to the 20-day average of -$45m but worse than the 100-day average of -$8m
- Philippines: Posted outflows of $10m Friday, with a 5-day total of -$4m. YTD flows remain negative at -$342m. The 5-day average is -$1m, better than the 20-day average of -$8m and the 100-day average of +$1m.
Table 1: EM Asia Equity Flows
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