ASIA STOCKS
Outflows again for both Taiwan & South Korea, as tech traded slightly weaker. India continues to see a decent bounce following strong outflows in November.
- South Korea: Recorded outflows of $185m yesterday, with a 5-day total of -$159m. YTD flows remain positive at +$3.81b. The 5-day average is -$32m, better than the 20-day average of -$109m and the 100-day average of -$158m.
- Taiwan: Experienced outflows of $513m yesterday, with a 5-day total of -$541m. YTD flows are deeply negative at -$16.94b. The 5-day average is -$108m, better than the 20-day average of -$141m and the 100-day average of -$189m.
- India: Posted inflows of $220m Tuesday, with a 5-day total of +$1.65b. YTD flows remain positive at +$1.12B. The 5-day average is +$331m, much better than the 20-day average of +$166m and the 100-day average of -$9m.
- Indonesia: Recorded inflows of $31m yesterday, with a 5-day total of +$25m. YTD flows remain positive at +$1.59b. The 5-day average is +$5m, better than the 20-day average of -$24m and the 100-day average of +$17m.
- Thailand: Saw an outflow of $63m Yesterday, after returning from a public holiday. YTD flows are negative at -$3.92b. The 5-day average is -$29m, slightly worse than the 20-day average of -$18m but better than the 100-day average of -$6m.
- Malaysia: Experienced outflows of $62m yesterday, with a 5-day total of -$169m. YTD flows are negative at -$586m. The 5-day average is -$34m, better than the 20-day average of -$42m but worse than the 100-day average of -$7m.
- Philippines: Posted outflows of $9m yesterday, with a 5-day total of -$3m. YTD flows remain negative at -$325m. The 5-day average is -$1m, better than the 20-day average of -$9m and the 100-day average of +$2m.
Table 1: EM Asia Equity Flows
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