Manulife Investment Management has advised investors to take a “cautious approach” to investing in the country’s equities market as it may visit the bear territory.
“Again, it’s more of a cautious approach, adding some duration lowering equity weights, we’re still so from a technical perspective. We’re still seeing markets in that sort of bear phase and retesting that 6,000 level on the composite, I think is expected as well,” he said. A bear market is when the main index lost 20 percent from its starting point of the year.
“I think I’ve stressed this point is that it’s a much more domestically oriented economy less exposed to the whims of external volatility. So 70 percent of GDP is private consumption,” Trinh said.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
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