Stock market outlook: upbeat earnings, return of foreign participation
(Editor’s Note: This outlook can change and is subject to updates as needed.) Rosy earnings reports and the incipient return of foreign participation may spur the stock market to reach 7,200 to 7,400 by the end of 2022.
Ricky Maddatu, our Head of Equities Investment, says our equity market continues to be resilient and that there’s reason to be optimistic despite the risks of inflation and global recession.