Singapore climbs 'buy' lists
Article Abstract:
Money managers avoided Singaporean holdings during much of 1996 because of the economic slowdown in the city-state. However, fund managers are starting to add Singapore to their 'buy' lists. They believe that Singapore is at the bottom of its economic cycle and a recovery is forthcoming, especially in the export sector. Fund managers are particularly optimistic about Singaporean blue-chip stocks.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Fund managers wait for Thailand to recover
Article Abstract:
Most fund managers advise investors with Thai holdings to refrain from selling and wait instead for the Thai market to recover from its present slump. They believe that Thailand's economic problems will not go away anytime soon and they advise against selling at such low prices. They also caution against buying into the market at this point because few stocks can be considered as bargains.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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