Bloomberg News

Morgan Stanley Recommends Buying Indonesia Stocks ‘On Dips’

November 02, 2011

Nov. 2 (Bloomberg) -- Morgan Stanley recommended investors buy Indonesian stocks “on dips” and favored equities in Thailand and Indonesia over Singapore.

“We think investor focus will shift from EU sovereign risk to earnings risk over the next few quarters,” Morgan Stanley said in a report today.“ Within the ASEAN markets, we believe that Singapore has the highest earnings risk given its linkages to the more-vulnerable developed world.”

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net


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