Macquarie recommends selling Taiwanese and South Korean exporters like Kia Motors and Acer, and says that Hong Kong and India offer the greatest protection from a downturn. Rocks also likes telcos and properties as "insular" plays.
Kia dipped 1% to 10,250 won, while Acer rose 1.3%, to NT$50.10. The South Korean Kospi rose 9 points, or 0.6%, to 1634, and Taiwan's Taiex gained 152 points, or 2%, to 7673. In India, shares tracked Hong Kong's performance, as the Bombay Sensitive Index jumped 594 points, or 3.4%, to 18,242.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
Oil *
75.55
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|
UP
73.00
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UP
6.24
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UP
18.86
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DOWN
0.17
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10 Yr
3.43%
SPDR Gold
109.74
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