before seeing a partial recovery. It last sat at 1.2816%. Yields move inversely to prices, so a decline in the former means investors are buying bonds and pushing prices up.
Looking ahead, Seth said Singapore's banks can continue to do well if the U.S. 10-year Treasury yield returns to 1.6% or 1.7%.Seth said Nomura is currently "underweight" on Malaysian stocks as the structure of the country's market is "not really conducive to sustain outperformance."because parts of the market — let's say glove makers — did very well," he said.
Malaysia was one of the few markets in Southeast Asia that saw growth in 2020. That came as shares of glove makers such as
thanks
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Open for business: U.S. companies are reopening or forming at a frantic paceThe reopening of the economy has spawned an explosion in new and reopened businesses.
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks rise as recovery plays advance, with ECB meeting on tapEuropean stocks rose Thursday as traders renewed bets on an economic recovery, ahead of an European Central Bank meeting in which the central bank will...
Source: MarketWatch - 🏆 3. / 97 Read more »
European markets advance as investors watch earnings, dataEuropean stocks were modestly higher on Friday, as investors monitored economic data and corporate earnings from across the continent. Isn't... isn't that what investors do all the time? horrible Blessed
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street inches higher in pivot back to growth stocksWall Street rose modestly after two days of strong gains. Lackluster jobs data and mixed earnings sent investors back to growth and tech stocks
Source: Reuters - 🏆 2. / 97 Read more »
European stocks set to maintain buoyant momentum; ECB decision aheadEuropean stocks are expected to open higher on Thursday, reflecting positive global momentum after a dour start to the trading week. nice
Source: CNBC - 🏆 12. / 72 Read more »