S&P: Good time to pick up Asian blue chips


KUALA LUMPUR: A global rout in the equity market over the past one month offers “an opportune time” for investors to pick up Asian blue chip stocks at cheaper prices, said Standard & Poor’s (S&P) Equity Research.

But before you jump into the market, be wary that the short-term trend is expected to remain volatile – at least until the upcoming month-long World Cup 2010 ends in mid-July, according to analysts at the world’s largest producer of independent equity research.

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