ASIA STOCKS: Asian Equity Flows Mixed, India Continues To See Heavy Outflows
Jan-24 00:09
Mixed flows in the tech heavy markets of SK & Taiwan on Thursday. India has now seen 14 straight session of continuous selling, with an outflows of about $6.5b this year.
- South Korea: Registered outflows of -$499m yesterday, contributing to a 5-day total of -$958m. YTD flows are slightly negative at -$457m. The 5-day average is -$192m, worse than the 20-day average of -$22m but better than the 100-day average of -$154m.
- Taiwan: Recorded inflows of +$537m yesterday, bringing the 5-day total to +$1.81b. YTD flows remain negative at -$724m. The 5-day average is +$362m, significantly better than the 20-day average of -$65m and the 100-day average of -$102m.
- India: Saw outflows of -$349m yesterday, resulting in a 5-day total of -$2.43b. YTD flows are deeply negative at -$6.46b. The 5-day average is -$486m, worse than the 20-day average of -$371m and the 100-day average of -$99m.
- Indonesia: Recorded inflows of +$1m yesterday, leading to a 5-day total of -$7m. YTD flows are negative at -$188m. The 5-day average is -$1m, better than the 20-day average of -$7m but in line with the 100-day average of -$1m.
- Thailand: Registered outflows of -$129m yesterday, contributing to a 5-day total of -$98m. YTD flows are negative at -$283m. The 5-day average is -$20m, worse than the 20-day average of -$14m and the 100-day average of -$10m.
- Malaysia: Recorded outflows of -$38m yesterday, resulting in a 5-day total of -$138m. YTD flows are negative at -$519m. The 5-day average is -$28m, worse than the 20-day average of -$25m and the 100-day average of -$22m.
- Philippines: Saw outflows of -$3m yesterday, bringing the 5-day total to -$16m. YTD flows are negative at -$96m. The 5-day average is -$3m, better than the 20-day average of -$5m but slightly worse than the 100-day average of -$2m.
Table 1: EM Asia Equity Flows
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