US investment bank JP Morgan said it is “bullish on Asian equities” which could be boosted by a recovery in global tech demand and companies resuming investments. South Korean and Indian equities, in particular, are positioned to perform particularly well going into 2020 and could “surprise” investors, according to JP Morgan’s head of Asia ex-Japan equity research James Sullivan. “We’re looking at an MSCI Asia ex-Japan index target of 750 at the end of [the] first half (of 2020). Year end, however, we’re looking at 700,” Sullivan told CNBC. Also on rt.com Indian stocks rally
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