Most retail investors plan to increase stock market exposure—COL

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 55%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Retail investors plan to increase their stock market exposure over the next three to six months despite the less bullish outlook on the equities market. Read more:

outlook on the equities market, according to the latest investor sentiment survey conducted by online brokerage firm COL Financial.

Fausto said investor sentiments shifted to neutral from bullish outlook at the start of the year and cited high inflation rate and global recession as the major risks for the market. COL Financial chief equity strategist April Lynn Tan said local investors should prefer bonds and real estate investment trust firms over stocks over the next six months to ride the “difficult” second half of the year.“Among different asset classes, we think bonds and REITs will perform best in the short term because of their steady interest income/dividends, which are more valuable in a falling interest rate environment,” Tan said.

Tan said interest rates and the peso may have peaked, but the weaker economic growth outlook would hurt corporate earnings and sentiment for stocks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 20. in NG

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.

Losing investors ready to deploy more money in stock market gamblePhilippine equity investors are preparing to average down in the coming months as weak sentiments weigh on the second-worst performing stock market in the region, according to top online broker COL Financial Group Inc. | miguelrcamusINQ /PDI
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Stocks flat after weak startThe local stock market kicked off August by managing to end flat after recovering from a drop earlier in the day.
Source: manilabulletin - 🏆 25. / 51 Read more »