Global funds trickle back into Asian stocks

Weekly inflows for Asian stock markets, excluding Japan and China, climbed to almost US$2.7bil (RM11.86bil) last week, the most since February, according to data compiled by Bloomberg. Taiwan and South Korea saw the biggest inflows at around US$1bil (RM4.39bil) each. (File pic: Taiwan stock exchange.)

SHANGHAI: Foreign investors are returning to emerging Asian equities after several weeks of outflows, as China reopens from Covid lockdowns and the dollar pulls back from a year-long rally.

Weekly inflows for Asian stock markets, excluding Japan and China, climbed to almost US$2.7bil (RM11.86bil) last week, the most since February, according to data compiled by Bloomberg.