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Positive Momentum Building up in HK, Msia, Thailand
5 mins
·
11:51, 11 Oct 2013
·
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Ong Seng Yeow, Research Director at Maybank Kim Eng, talks about:
- IT sector being the best performer weekly as well as ytd (7%) on MSCI Asia ex-Japan
- Korea and Taiwan reported outflows of USD144m and USD25m in the first week of October
- Also on the MSCI Asia ex-Japan, defensives such as consumer discretionary, healthcare and telcos outperformed other sectors on a weekly and YTD basis - likely to continue?
- Thailand reported the highest net inflow as a percentage of total AUMs - sentiment unaffected by recent floods? What drove inflows?
BFM's Khoo Hsien Chun speaks with him.
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