Free Trial

Foreign Investors Slowly Coming Back To Taiwan Equities

ASIA STOCKS
  • South Korea: South Korean equities saw an outflow of $56m yesterday with an outflow of $527m over the past five trading days. The 5-day average outflow is $105m, compared to the 20-day average outflow of $140m and the 100-day average inflow of $86m. Year-to-date, South Korea has had substantial inflows totaling $16.743b.
  • Taiwan: Taiwan recorded an inflow of $537m yesterday, with a net inflow of $311m over the past five trading days. There at least in the short term seems to be foreign investors returning to the local market, TSMC which represents between 25-30% of the Taiex has reported strong July revenue figures and is up 15% from the Aug 5 lows. The 5-day average inflow is $62m, compared to the 20-day average outflow of $730m and the 100-day average outflow of $190m. Year-to-date, Taiwan has experienced outflows totaling $10.933b.
  • India: Indian equities saw an outflow of $138m Friday, with a net outflow of $1.216b over the past five trading days. The 5-day average outflow is $243m, compared to the 20-day average inflow of $15m and the 100-day average outflow of $47m. Year-to-date, India has seen inflows totaling $2.297b (up to August 9th).
  • Indonesia: Indonesian equities recorded an inflow of $31m yesterday, resulting in a net inflow of $132m over the past five trading days. The 5-day average outflow is $26m, compared to the 20-day average inflow of $17m and close to the 100-day average outflow of $10m. Year-to-date, Indonesia has had inflows totaling $169m.
  • Thailand: Thai equities saw an inflow of $1m Friday leading to a net inflow of $12m over the past five trading days. Thailand was out for a public holiday on Monday. The 5-day average inflow is $2m, in line with the 20-day average of $0m, but better than the 100-day average outflow of $24m. Year-to-date, Thailand has experienced outflows amounting to $3.324b.
  • Malaysia: Malaysian equities had an outflow of $17m yesterday, resulting in a 5-day net outflow of $114m. The 5-day average outflow is $23m, which is worse than the 20-day average outflow of $7m and the 100-day average outflow of $1m. Year-to-date, Malaysia has experienced outflows totaling $55m.
  • Philippines: The Philippines recorded an inflow of $4m yesterday, but a net outflow of $15m over the past five trading days. The 5-day average outflow is $3m, compared to the 20-day average inflow of $1m and the 100-day average outflow of $8m. Year-to-date, the Philippines has seen outflows totaling $497m.
Table 1: EM Asia Equity Flows
YesterdayPast 5 Trading Days2024 To Date
South Korea (USDmn)-56-52716743
Taiwan (USDmn)537311-10933
India (USDmn)*-138-12162297
Indonesia (USDmn)31132169
Thailand (USDmn)112-3324
Malaysia (USDmn)-17-114-55
Philippines (USDmn)4-15-497
Total 362-14174400
* Up to 9th August

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.