July Sees Sharp Decline in Foreign Investment in Asian Equities Due to Tech Sector Slump

Reported 2 months ago

In July, foreign investments in Asian equities fell significantly, with only $459 million in inflows compared to $7.16 billion in June. This decline was primarily driven by market volatility, substantial selling in the tech sector, and weak economic data. Taiwan experienced its largest capital outflows in 10 months at $4.74 billion, while Indian equities remained strong with $3.87 billion in inflows, reflecting economic resilience.

Source: YAHOO

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