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Asean equity markets to post solid recovery, led by Singapore and Thailand: Credit Suisse

Current foreign ownerships low, relative valuations cheap and corporate earnings are expected to stabilise

 Angela Tan
Published Mon, Jan 4, 2021 · 09:50 PM

Singapore

ASEAN equity markets, which underperformed most countries in Asia last year, will post a solid recovery this year, led by Singapore and Thailand, Credit Suisse said on Monday.

At the 12th Credit Suisse Asean Conference, the bank said all Asean markets are looking cheap with positive catalysts.

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