Posts Tagged ‘asia’
Strong earnings aren’t translating into jobs yet
Portfolios advance an average of 1.1%
IT WAS another relatively good week for stocks, with our portfolios advancing an average of 1.1 per cent. But this was a shade paler than the 1.2 per cent chalked up by the blue chips Straits Times Index.
Our star portfolio last week was that made up of the highest dividend yield. It advanced 1.8 per cent. The biggest contributor to the portfolio’s gain was Hong Leong Asia, which added another 4.7… more
China cuts holdings of U.S. Treasuries
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion.
China – United States Treasury security – People’s Republic of China – Asia – United States
Caution over equity valuations in Asia
AMID the general optimism over equities in Asia and the emerging markets, strategists at Barclays Wealth have sounded a note of caution over valuations in Asia. This runs counter to the consensus view that Asian growth is set to outstrip that of developed economies – a point that isn’t in dispute – and that market weakness is a buying opportunity.
Says Aaron Gurwitz, Barclays Wealth managing di… more
Portfolios up 0.4% on average
STOCKS barely changed last week, with our portfolios edging up 0.4 per cent on average. The median gain was 0.2 per cent.
The lowest forward PE portfolio is the biggest gainer, advancing by 1.7 per cent. Two stocks contributed the bulk of the gain: China Fishery and Hong Leong Asia. The former popped 19.2 per cent while, the latter added 12.2 per cent.
Hong Leong Asia also helped lift the valu… more
Equity weightings may remain high
EQUITY weightings of private clients’ portfolios are expected to remain elevated relative to bonds going into 2010, in a sign of continuing optimism over global growth and, in particular, growth in Asia and the emerging markets.
Strategists are less upbeat on fixed income assets, citing a backdrop of possible interest rate rises as part of central banks’ exit strategies.
So far, there are a number… more



