Goldman Sachs: Asia rally behind upgrade of Taiwan and South Korean stocks

Goldman Sachs 6month 3day upgraded Taiwan and South Korean stocks. Goldman Sachs explained that the rise in Asian share prices was strengthening. It changed its investment view on the two markets for this reason.

Goldman Sachs cited improving corporate earnings momentum in these markets as the basis for its view. The company said their relative attractiveness had increased. It said to refer to the company's announcement for specific indicators and details of the changes in weightings.

The report said that share prices continued to rise across Asia. It included that this trend affected Taiwan and South Korea. The article separately presented specific performance figures by region.

It was noted that Goldman Sachs’ upgrade could affect the allocation of funds in the market. The report presented the possibility of portfolio adjustments from an investor’s perspective. The original report should be consulted for detailed recommendations and the sectors concerned.

This adjustment is an example of a change in the views of a global financial institution by country. The article does not include comparisons with the views of other institutions or additional estimates. Investors should also review the institution’s detailed report.