An investor watching share prices at the securities trading floor of Asia Commercial Bank in Hanoi, Vietnam.SINGAPORE — Stocks in Southeast Asia have underperformed the broader regional markets this year, but JPMorgan says the worst may be over — and some sectors and companies are looking attractive.
Foreign investors retreated from Southeast Asian stock markets in the last few months as heightened uncertainties caused by the coronavirus pushed them to seek safer investments elsewhere. "We believe that the worst is probably over for ASEAN but the path and speed of recovery still remain a concern," JPMorgan strategists said in a note last month, referring to the Association of Southeast Asian Nations.
The U.S. bank said investors should be looking more into sector allocation rather than just country allocation. Across sectors in the region, JPMorgan is underweight on financials and industrials.
Pro Did they go long on thos positions just before publishing?
Pro Bitcoin
Pro $SE
Pro We will be literally buying it from JP Morgan waiting to unload their holdings. Thanks but no ✌🏼
Pro Run from whatever JP Morgan recommends.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Stocks making the biggest moves premarket: Johnson & Johnson, Blackrock, JPMorgan ChaseThese are the stocks posting the largest moves before the bell. ZekeEmanuel is a Communist trying to turn the US into a socialist society. PS he's also a billionaire. 🤔 DontTellChina He was the Chief of the ACA. DemocratsAreCommunist
続きを読む »
China gains hoist Asian stocks to two-year peakChinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world's no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains.
続きを読む »