Strategists at UBS has downgraded Indian equities citing a valuation gap with Asean markets even as the research firm upgraded China.
The relative valuation of India to Asean, the two areas with similar growth dynamics and occasional perceived macro vulnerabilities, looks “too wide to justify”, UBS said in an Oct. 20 note. The firm calls India “extremely expensive”.
El salto al vacío de cinco jóvenes simboliza el terror de la junta birmana
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El salto al vacío de cinco jóvenes simboliza el terror de la junta birmana
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