South-east Asia stocks' time to shine has finally arrived

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South-east Asia stocks' time to shine has finally arrived
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[HONG KONG] South-east Asian stocks, hit particularly hard by the shutdown of tourism and other service industries, are making a comeback as optimism grows over a return to travel. Read more at The Business Times.

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ASEAN ACTIVITY

"Activity in Asean has picked up considerably since the trough, as indicated by manufacturing PMIs and mobility," Mr Joshi wrote in a Tuesday note. With about a third of companies having reported earnings so far, 60 per cent have met or exceeded expectations, a higher proportion than the first two quarters of the year, he said.

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