Global fund managers mengalihkan $1,6 miliar masuk ke pasar saham India di bulan Agustus. Pasar saham India terus mendapatkan capital inflow asing selama 6 bulan berturut2.
๐๐๐ถ๐ฎ๐ป ๐ฃ๐ผ๐๐ฒ๐ฟ๐ต๐ผ๐๐๐ฒ: ๐๐ป๐ฑ๐ถ๐ฎ๐ป ๐๐พ๐๐ถ๐๐ถ๐ฒ๐ ๐ฆ๐ฒ๐ฒ ๐ฆ๐๐ฎ๐ป๐ฑ๐ผ๐๐ ๐๐ผ๐ฟ๐ฒ๐ถ๐ด๐ป ๐๐ป๐ณ๐น๐ผ๐๐
In parallel to trimming their exposure elsewhere in emerging Asia, global fund managers rotated $1.6 billion into Indian shares on a net basis last month, with August marking the sixth straight month that Indian stocks have seen foreign inflows.
After last year’s sell off and the overhang of the Adani news flow that broke out in the first half, foreign investors are now just $137 million short of reversing the $17 billion they pulled from the Indian equity market in 2022.
Despite their punchy valuations, the country’s large and mid caps are expected to post earnings growth of 18.9% in 2023, making them the most profitable corporations in Asia.
๐๐ต๐ฎ๐ฟ๐ ๐ฆ๐ผ๐๐ฟ๐ฐ๐ฒ: Bloomberg