JP Morgan's Top Stock Picks as Trade War Tensions Escalate

JP Morgan revised its recommendations for Southeast Asian countries and stock sectors in light of global uncertainty driven by the ongoing trade war.

Oktaviano DB Hana, Fahmi Ahmad Burhan
Senin, 28 April 2025 | 12:15

Bisnis.com, JAKARTA — In its updated report titled ‘ASEAN Equity Strategy: Swayingbetween slowdown and recession, JP Morgan revised its recommendations for Southeast Asian countries and stock sectors in light of global uncertainty driven by the ongoing trade war.

The report highlighted a cautious outlook, with the firm lowering its ratings for Indonesia and Vietnam from "overweight" to "neutral."

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