Bengaluru: Foreign investors sold Asian equities for a third straight month in April, shrugging off a rebound in regional shares, as sentiment was weighed down by the rising economic fallout from coronavirus-induced lockdowns.
Overseas investors sold a net US$6.4bil worth of regional equities last month, compared with US$33.32bil worth of outflows in March, data from stock exchanges in India, Indonesia, the Philippines, South Korea, Taiwan, Thailand and Vietnam showed.
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