🇯🇵 A clear shift to outflows is taking hold in Australian equities, signaling a cautious tone among traders. With five active outflows an...

🇯🇵 A clear shift to outflows is taking hold in Australian equities, signaling a cautious tone among traders. With five active outflows and no inflows, the market is showing a retreat, led by a $163 million exit from BGL.AX, the largest mover today. This outflow confirms a broad-based withdrawal across sectors, with resource and industrial metals also seeing $28 million leave and a $23 million exit from the Australian Cross-Sector Cohort. The absence of inflows and the dominance of these exits suggest risk aversion is intensifying. The next watchpoint is whether the outflow momentum sustains or if buyers step in to stabilize.