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Standard Chartered WM: Domestic-focused sectors provide “shelter”

Standard Chartered Wealth Management believes domestic-focused defensive equities are attractive destinations for shelter-seeking investors in a volatile environment. “The consumer staples, real estate and utilities sectors are likely to be relatively resilient if trade uncertainties continue,” the bank said. Showing increasing resilience, major equity markets have held above key support levels despite escalating trade tensions, the bank said, pointing out…

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