(Apr 29): Never mind the coronavirus-fueled volatility. With the slide in Asia stock prices, analysts have turned increasingly bullish on the shares.

Buy ratings make up almost 70% of about 26,000 analyst recommendations for equities in the MSCI Asia Pacific Index, according to data compiled by Bloomberg. That’s the highest proportion since at least 2010, and up from about 66% at the end of last year, before the global outbreak started.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook