Standard Chartered PB: Too early to favour Japan equities

26 September 2019 | 1 minute read

Although Japan equities have outperformed month-to-date, with the Topix posting a 6.9% rally, Standard Chartered Private Bank believes it’s still too early to turn positive on the country’s stocks. “The strength of the rebound, coupled with a break above resistance on the 200DMA, suggests that its multi-month downtrend could be reversing,” the bank said. “We would wait for a break…

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