Analysts bullish on Asia's healthcare, tech, industrials shares
Buy ratings form 70% of recommendations for equities in Asian benchmark MSCI
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A stock market indicator board in Tokyo on Monday showing a rise in prices after new stimulus measures from the Bank of Japan. The MSCI Asia Pacific Index, the Asian benchmark, is up 20 per cent from its four-year low last month, and analysts are bullish on individual stocks like healthcare equities.
PHOTO: EPA-EFE
HONG KONG • With the slide in Asia stock prices, analysts have turned increasingly bullish on the shares.
Buy ratings make up almost 70 per cent of about 26,000 analyst recommendations for equities in the MSCI Asia Pacific Index, according to data compiled by Bloomberg.
