Foreign traders return to Asian equities

Asian equities are attracting foreign investments so far in May, marking a sharp reversal from outflows in the first four months of the year, as optimism over progress in trade talks has eased fears of US tariffs fuelling a global economic slowdown.

- GAURAV DOGRA PATTURAJA MURUGABOOPATHY

Foreign investors have purchased approximately $6.22 billion worth of equities across India, Taiwan, South Korea, Thailand, Indonesia, Vietnam, and the Philippines so far this month through May 12, according to LSEG data.

Leading the rebound, Taiwan has attracted a net $4.43 billion in foreign inflows, ending a four-month streak of outflows, while Indian equities have also seen a substantial $1.68 billion in foreign investment.