Funds play down sanctions; Indian, Pakistan factor in full removal
Article Abstract:
The Indian and Pakistan stock markets could be more attractive to foreign investors once the US economic sanctions are lifted in May 1999. Following initial steps by the US to lift some sanctions, the Bombay Stock Exchange and the Karachi Stock Exchange rose by 1.3% and 1.1%, respectively. However, despite the brighter prospects for the bourses, fund managers and analysts are more realistic about stock gains as part of the overall political and economic picture.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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japan to see quiet trading
Article Abstract:
The Japanese stock market is expected to remain quiet in the 1st half of 1997 and the Nikkei Stock Average will not see a marked improvement from its 1996 year-end position of 19,361.35 points. Likewise, Thai stock prices are expected to see slow activity and even face the possibility of a decline. Elsewhere in Asia, stock prices are expected to pick up particularly in the Philippines, Malaysia, Indonesia, Australia and Taipei.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Foreseen HSBC slip could drag index
Article Abstract:
The slowing of HSBC Holdings PLC's mild growth rate for the six months which ended June 30, 1997 may spur investors to leave, and also may decrease the levels at the Hang Seng Index. HSBC registered a 68% growth rate in 1996. The company makes up 26% of the Hang Seng index's capitalization and the recent downturn may not be good for the health of the entire index.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Comment about this article or add new information about this topic:
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