Small investors urged to avoid Thailand: market correction is expected after stocks jump to unrealistic heights
Article Abstract:
Small investors are advised to stay away from the Thai stock exchange due to the inclination of large investors for speculation. Large investors have been buying heavily into the Thai stock market due to the low price of stocks and they are in a better position to weather the temporary fluctuations in stock prices. But small investors can expect to soon participate in the Thai stock market, given the strong appreciation of the baht, which has appreciated by 20% to the dollar. and the fiscal discipline shown by the government in keeping with its IMF commitments.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Investors in Korean funds need a long-term view
Article Abstract:
Fund managers encourage investors of Korean equity funds to wait for about six months before seling due to the low market prices which they attribute to the decline in exports and the high inflation rate. Korea's underperforming financial market is reflected by the Composite Index, which is down 6.5% since the start of 1996. Experts say situation is not expected to improve anytime soon and predicts that the Index will close by the end of year between 850 to 950 points.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Managers of Philippine funds see drop in shares as an opportunity to buy
Article Abstract:
The stock market in the Philippines has slowed down but investors are not at all worried because of the buoyant nature of the economy and relative political stability in the country. The drop in shares as shown by a Manila Composite Index from almost 30% during the first six months of 1996 to 7.5% in July is seen as a mere sign of gain consolidation among participating firms. It is also seen as an excellent opportunity for potential investors to enter the market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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