Image: MadhyamamIndia becomes Asia’s least-preferred stock market, replaces Indonesia
• India has replaced Indonesia as the least-preferred stock market in Asia, reflecting growing caution among fund managers toward the country's equities. • A survey conducted between August 7 and 13 of 98 fund managers overseeing $272 billion in assets found India's stocks to be among the region's worst performers this year. • In contrast, sentiment toward Indonesia improved, with net underweight positions dropping from 32% in July to 27%, while Japan and Taiwan remain the most preferred markets.
madhyamamonline.com
