BANGKOK, Oct 11 (Reuters) - Year-to-date stock index gainsin Thailand and the Philippines that are double those on broadAsian and world indexes suggest the easy money may already havebeen made in Southeast Asia. After benefiting from a strong domestic consumption play,Southeast Asian stocks could now underperform as investorshunting risk shift to markets that are exposed to global growth,encouraged by central banks pumping in liquidity. Some investors are wary of frothy premiums building up insmaller, illiquid Southeast Asian markets. ...
No comments:
Post a Comment