Asian equities see outflows in January on worries over valuations, COVID-19 cases


Source: upnewsinfo.com upnewsinfo.com

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© Reuters. An employee of a money changer holds a stack of Indonesia rupiah notes before giving it to a customer in Jakarta By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Foreigners turned net sellers of Asian equities in January, after three consecutive months of buying, as they booked profits amid worries over rising coronavirus cases and lofty stock valuations. Overseas investors were net sellers of a combined total of $5.52 billion in South Korean, Taiwanese, Philippine, Thai, Vietnamese, Indonesian and Indian stocks last month, stock exchange data showed. For a graphic on Foreign investments in Asian equities: https://fingfx.thomsonreuters.com/gfx/mkt/xklpylrnwvg/Foreign%20investments%20in%20Asian%20equities.jpg Global...