June 6 (Reuters) - Foreign investors stepped up their investments in Asian equities in May, with inflows into seven markets including Taiwan, South Korea and India rising over 25 percent from a month earlier.
Among the seven countries, South Korea received the highest amount of foreign investment, of about $1.7 billion, taking the tally for the year to nearly $8 billion, while Taiwan got inflows of over $1.5 billion.
Last month saw key stock indexes such as India's NSE index and South Korea's Kospi hitting record highs, on the back of positive domestic news.
Optimism over Moon Jae-in taking over as president propelled South Korean equities, while Indian shares rose after a forecast of better monsoon eased inflation fears.Click to view the graphic: (Reporting by Gaurav S Dogra and Patturaja Murugabooopathy; Editing by Subhranshu Sahu)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities,securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.