Asian Stocks Rebound as Defensive Sectors Gain Attraction

Reported 2 months ago

Asian equities rebounded sharply following significant sell-offs, with investors seizing bargain opportunities. The MSCI Asia Pacific Index rose by 4.2%, driven by a recovery in Japanese stocks and a rotation towards Chinese equities, which are viewed as appealing due to low valuations. Market sentiments indicated a cautious approach, with a focus on defensive equities and quality investments, while technology stocks remained vulnerable amid ongoing volatility.

Source: YAHOO

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