Positive Momentum Building up in HK, Msia, Thailand

Ong Seng Yeow

11-Oct-13 11:51

Positive Momentum Building up in HK, Msia, Thailand

Ong Seng Yeow, Research Director at Maybank Kim Eng, talks about:

- IT sector being the best performer weekly as well as ytd (7%) on MSCI Asia ex-Japan

- Korea and Taiwan reported outflows of USD144m and USD25m in the first week of October

- Also on the MSCI Asia ex-Japan, defensives such as consumer discretionary, healthcare and telcos outperformed other sectors on a weekly and YTD basis - likely to continue?

- Thailand reported the highest net inflow as a percentage of total AUMs - sentiment unaffected by recent floods? What drove inflows?

BFM's Khoo Hsien Chun speaks with him.

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Categories:

Tags: morning fix, fund flows

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