Emerging markets lose $33.8 billion in October as investors flee Asian stocks
October witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all of this outflow consisted of equities, severely impacting Taiwan. While Emerging Asia grappled with major losses, Latin America encountered minimal setbacks amid election related volatility. Additionally, Chinese stocks continued to see foreign sell offs for the...
Key Takeaways
- October witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March.
- Almost all of this outflow consisted of equities, severely impacting Taiwan.
- While Emerging Asia grappled with major losses, Latin America encountered minimal setbacks amid election related volatility.
October witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all of this outflow consisted of equities, severely impacting Taiwan. While Emerging Asia grappled with major losses, Latin America encountered minimal setbacks amid election related volatility. Additionally, Chinese stocks continued to see foreign sell offs for the fifth consecutive month.
Original Publisher Attribution
This summary was curated from Economic Times.