Thai stocks seemed to be losing traction among
foreign investors, ending August with net foreign outflows of
$68 million, after $10 million inflows in July and combined $650
million outflows in the prior two months, Thomson Reuters data
showed.
Philippine stock market also saw net foreign outflows
of $55 million in August, easing from the $572 million worth of
net foreign inflows in July, data showed.
Foreigners appeared favouring Indonesia as the
market noted inflows of $44 million in August, adding on July's
$483 million inflows, while Vietnam reported $29 million
inflows in August after 4.1 million inflows in July.
The Ho Chi Minh Stock Exchange's VN Index lost 4.5 percent
last month, Southeast Asia's worst performer, as the arrests of
Asia Commercial Bank's executives spurred fears of
banking risks and kept retail investors on the sidelines.
Most Southeast Asian stock markets pulled lower in August,
reflecting rising risk aversion amid concerns over global
economy and Europe's debt problems.
1513 (0813 GMT)
(Reporting by Viparat Jantraprap in Bangkok)
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