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Foreign interest in Asean set to return after herd immunity: Maybank KE

Published Wed, Mar 17, 2021 · 05:50 AM

Singapore

THOUGH foreign ownership in Asean equities has dipped to near historically low levels, Maybank Kim Eng (Maybank KE) analysts are optimistic that investor interest in the region will rebound once Asean countries attain herd immunity.

In particular, the analysts are positive on banking equities, with a special mention of Singapore real estate investment trusts (S-Reits), which analyst Thilan Wickramasinghe believes "is still too early to write off".

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