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.
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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.
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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.
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