Foreigners turn net buyers of Asian equities after sell-off


Women are pictured wearing a protective face mask and face shield as the Indonesian government eases restrictions to prevent the spread of the coronavirus disease (COVID-19) outbreak in Jakarta, Indonesia, June 8, 2020. REUTERS/Ajeng Dinar Ulfiana TPX IMAGES OF THE DAY

BENGALURU: Foreign investors are buying Asian shares after dumping them over the past three months, as lifting of coronavirus lockdowns has boosted optimism regional economies are set for recovery.

Overseas investors bought $5.45 billion worth of regional equities in the first six trading days of this month, data from stock exchanges in India, Indonesia, the Philippines, South Korea, Taiwan, Thailand and Vietnam showed.

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