Asia-Pacific stocks fall ahead of Australian central bank rate decision

was trading down 1.1% ahead of an RBA meeting, where the central bank is expected to hold rates at 4.10%, according to alook tipped to fall after coming back on from a National Day holiday on Monday, with futures at 17,768 compared to the HSI's Friday close of 17,809.66.CNBC Pro: Goldman Sachs says this global delivery platform’s shares are set to soar over 100%

The U.S. investment bank describes the company as a"market leader" of sorts and expects it to benefit from a"more competitive landscape."Many stocks have become"a bit cheaper" and investors could get good returns, according to Ted Alexander, chief investment officer of BML Funds. CNBC Pro: A 'phenomenal' stock: Irrationality has made this wealth manager look super cheap, investor says

O'Keefe, who manages the Artisan Global Value Fund, believes this fear is unfounded and stems from a misunderstanding of the business.The World Bank forecasts growth in in the developing East Asia and Pacific region to remain strong at 5% in 2023. However, its expects growth to ease in the second half of 2023 and fall to 4.5% in 2024, according to its regional update published on Sunday.

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