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Securities Industry Singapore

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BUSINESS
November 20, 1995 | Times Staff and Wire Reports
Stocks Rise as Investors Seek Haven: Analysts said big gains in the market there last week are a sign that investors have been moving funds from other, riskier markets in Asia. Takuya Omori, a portfolio manager for Nikko Asset Management (Singapore), said economic growth of 9% for the third quarter, reported last Monday, suggests Singapore may be a less risky bet for investors concerned about economic conditions in neighboring Malaysia and Thailand.
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BUSINESS
November 20, 1995 | Times Staff and Wire Reports
Stocks Rise as Investors Seek Haven: Analysts said big gains in the market there last week are a sign that investors have been moving funds from other, riskier markets in Asia. Takuya Omori, a portfolio manager for Nikko Asset Management (Singapore), said economic growth of 9% for the third quarter, reported last Monday, suggests Singapore may be a less risky bet for investors concerned about economic conditions in neighboring Malaysia and Thailand.
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