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Home / Capital / Brokers Calls

Analysts see vaccine and Biden victory as significant upsides for Asean

Broker's Calls

Analysts see vaccine and Biden victory as significant upsides for Asean

Ng Qi Siang Published on Mon, Nov 23, 2020 / 3:15 PM GMT+8

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With recent Phase 3 vaccine trials indicating positive results, analyst Lim Say Boon of CGS-CIMB sees developed markets (DMs) and emerging markets (EMs) to be largely vaccinated by 2021 and 2022 respectively. This in addition to a Biden victory in the recent US Presidential Elections signal upsides for Asean and the Asia-Pacific markets going forward.

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