Reported 12 months ago
As of July 1, 2024, observes the capital flows in the first half of the year, with South Korea attracting $17.13 billion, ranking first among emerging Asian stocks, followed closely by Taiwan. Due to uncertainty from the US presidential debate and the latest inflation data, the market sentiment has turned cautious. Foreign investment last week saw the most buying in India at $1.51 billion, followed by South Korea at $350 million, while Taiwan, Thailand, and Vietnam experienced selling. In terms of performance, Taiwan's stocks surged by 28.45%, followed by Vietnam at 10.21% and India at 9.40%, with Thailand seeing the weakest by dropping 8.11%. Companies like China Growth High-Dividend Stock (00934) attribute the positive performance to robust demand for artificial intelligence and exports, while Vietnam is expected to rebound economically with ongoing strong external demand and supportive policies, showing potential for market growth.
Source: YAHOO