• South Korea: South Korea experienced an outflow of $97m Friday, leading to a net outflow of $216m over the past five trading days. However, year-to-date, the country has still accumulated substantial inflows totaling $17.81b. The recent 5-day average shows a small outflow of $43m, while the 20-day average shows an outflow of $17m, and the 100-day average inflow is $62m.
• Taiwan: Taiwan recorded an inflow of $60m Friday, contributing to a net inflow of $307m over the past five trading days. Despite the recent inflows, year-to-date, Taiwan has seen outflows totaling $7.79b. The 5-day average shows an inflow of $61m, while the 20-day average indicates an outflow of $109m, and the 100-day average shows an outflow of $127m.
• India: India saw a significant inflow of $221m Thursday, leading to a net inflow of $584m over the past five trading days. Year-to-date, India has accumulated inflows totaling $2.09b. The 5-day average inflow is $117m, while the 20-day average shows an outflow of $118m, and the 100-day average remains slightly positive at $2m. Flows have been volatile, with more negative sessions recently.
• Indonesia: Indonesian equities recorded an inflow of $190m Friday, contributing to a net inflow of $532m over the past five trading days, and marking 13 straight sessions of inflows. Year-to-date, Indonesia has accumulated inflows totaling $858m. The 5-day average inflow is $106m, with a 20-day average inflow of $48m, although the 100-day average shows a small outflow of $8m.
• Thailand: Thailand experienced an inflow of $84m Friday, but still resulted in a net outflow of $171m over the past five trading days. Year-to-date, Thailand has seen outflows amounting to $3.48b. The 5-day average shows an outflow of $34m, while the 20-day and 100-day averages reflect outflows of $10m and $16m, respectively.
• Malaysia: Malaysia recorded no change in flows Friday, maintaining a net inflow of $321m over the past five trading days. Year-to-date, Malaysia has seen inflows totaling $350m. The 5-day average inflow is $64m, while the 20-day average shows a modest inflow of $13m, and the 100-day average reflects a small inflow of $4m.
• Philippines: The Philippines markets were closed on Friday, but the past week saw a net inflow of $124m. Year-to-date, the Philippines has experienced outflows totaling $362m. The 5-day average inflow is $25m, aligning with the 20-day average inflow of $4m, but the 100-day average still reflects an outflow of $6m.

Table 1: EM Asia Equity Flows