Nomura: The approaching US election may bring about volatility to Asian stocks. It is recommended to adopt a defensive stance.

According to statistics from Daiwa, the daily volatility of the stock markets in India, Mexico, and South Africa increases by 3 to 6 times around election days, and it is believed that the US presidential election will also bring similar volatility to the asian stock markets.

Zhitong FinanceOct 28, 2024 23:10 ET