Asia’s worst stock market last year is now one of the region’s top performers

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Singapore's Straits Times Index ended 2020 as the worst performer in Asia, losing 11.8% last year.

ended 2020 as the worst performer in Asia, losing 11.8% through the year. But the STI climbed around 12.2% so far this year, and has become one of the region's top performers.. As of Tuesday, as many as 12 of its constituent stocks have made double-digit gains this year.Asia's best-performing stock market as of Tuesday. The benchmark Taiwan Stock Exchange Capitalization Weighted Stock Index, or Taiex, slightly edged out the Singapore index with a 12.4% gain this year.

Markets or stocks that are "cyclical" rise and fall in conjunction with fluctuations of the economy. The STI is made up of a high proportion of financial and industrial stocks typically considered as cyclical.With the global economy recovering from the pandemic-induced recession, Singapore's stock market would do well, Goh said at a webinar outlining DBS' quarterly investment outlook.

She added that valuation in the Singapore market is "one of the cheapest" in the region, and that has spurred merger and acquisition activities among listed companies.

 

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What a pile of BS! Japan's Economy and StockMarket are on life support since 1990 with more than 60% stocks owned by BOJ!!!

What a pile of BS! Japan's Economy and StockMarket are on life support since 1990 with more than 60% stocks owned by BOJ!!!

Asians have a different point of view from the West, and that is why they began to rapidly open their economies. meanwhile we have to wait a long time to open all economic sectors yet

Japan continues to have low interest rates by the Bank of Japan Japanese stocks may be recommended to buy

I gave up on international investments 20 years ago. I learned that you can benefit from growing international markets by investing in US companies that sell goods and services to those countries. investing jimcramer carlquintanilla SquawkStreet

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