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ASIA STOCKS: Foreign Investors Selling Asian Equities To Kick The Year Off

ASIA STOCKS

Another large outflow from Taiwan on Friday, this follows the US plans more chip restrictions, which look to hurt Taiwan more than other nations. India has had a tough start to the new year will almost $2b in outflows so far.

  • South Korea: Recorded outflows of -$84m Friday, resulting in a 5-day total of +$730m. YTD flows are positive at +$767m. The 5-day average is +$146m, better than the 20-day average of -$40m and the 100-day average of -$136m.
  • Taiwan: Saw significant outflows of -$503m Friday, with the 5-day total at -$2m. YTD flows are negative at -$595m. The 5-day average is $0m, better than the 20-day average of -$84m and the 100-day average of -$91m.
  • India: Registered heavy outflows of -$819m Thursday, bringing the 5-day total to -$2.1b. YTD flows are also negative at -$1.96b. The 5-day average is -$417m, worse than the 20-day average of -$193m and the 100-day average of -$47m.
  • Indonesia: Posted outflows of -$12m Friday, with the 5-day total at -$131m. YTD flows are negative at -$181m. The 5-day average is -$26m, slightly better than the 20-day average of -$29m but worse than the 100-day average of +$7m.
  • Thailand: Recorded outflows of -$32m Friday, contributing to a 5-day total of -$40m. YTD flows are negative at -$62m. The 5-day average is -$8m, better than the 20-day average of -$11m and the 100-day average of -$9m.
  • Malaysia: Registered outflows of -$15m Friday, resulting in a 5-day total of -$112m. YTD flows are negative at -$134m. The 5-day average is -$22m, slightly better than the 20-day average of -$25m but worse than the 100-day average of -$12m.
  • Philippines: Saw outflows of -$1m Friday, bringing the 5-day total to -$26m. YTD flows are negative at -$25m. The 5-day average is -$5m, matching the 20-day average of -$5m and worse than the 100-day average of +$1m.

Table 1: EM Asia Equity Flows

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Another large outflow from Taiwan on Friday, this follows the US plans more chip restrictions, which look to hurt Taiwan more than other nations. India has had a tough start to the new year will almost $2b in outflows so far.

  • South Korea: Recorded outflows of -$84m Friday, resulting in a 5-day total of +$730m. YTD flows are positive at +$767m. The 5-day average is +$146m, better than the 20-day average of -$40m and the 100-day average of -$136m.
  • Taiwan: Saw significant outflows of -$503m Friday, with the 5-day total at -$2m. YTD flows are negative at -$595m. The 5-day average is $0m, better than the 20-day average of -$84m and the 100-day average of -$91m.
  • India: Registered heavy outflows of -$819m Thursday, bringing the 5-day total to -$2.1b. YTD flows are also negative at -$1.96b. The 5-day average is -$417m, worse than the 20-day average of -$193m and the 100-day average of -$47m.
  • Indonesia: Posted outflows of -$12m Friday, with the 5-day total at -$131m. YTD flows are negative at -$181m. The 5-day average is -$26m, slightly better than the 20-day average of -$29m but worse than the 100-day average of +$7m.
  • Thailand: Recorded outflows of -$32m Friday, contributing to a 5-day total of -$40m. YTD flows are negative at -$62m. The 5-day average is -$8m, better than the 20-day average of -$11m and the 100-day average of -$9m.
  • Malaysia: Registered outflows of -$15m Friday, resulting in a 5-day total of -$112m. YTD flows are negative at -$134m. The 5-day average is -$22m, slightly better than the 20-day average of -$25m but worse than the 100-day average of -$12m.
  • Philippines: Saw outflows of -$1m Friday, bringing the 5-day total to -$26m. YTD flows are negative at -$25m. The 5-day average is -$5m, matching the 20-day average of -$5m and worse than the 100-day average of +$1m.

Table 1: EM Asia Equity Flows

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