Fed allays concerns over hikeASPS recommends investing in stocks with low volatility or a selective purchase of stocks with unique supporting factors. Asia Plus Securities (ASPS) said even though worries over interest rates are allayed, concerns over the Delta variant worldwide still persist. Meanwhile, the broker has reportedly increased its investment in Thai stocks by 5% to 30% thanks to recent declines in daily new infections and Thai stocks' relatively low prices compared to regional counterparts. ASPS recommended investing in stocks with low volatility or a selective purchase of stocks with unique supporting factors. The broker recommended allocating 20% of assets to fixed income and 5% in the money market as the interest rate remains low.

Source: Bangkok Post August 30, 2021 23:26 UTC