Many stock markets have been battered and bruised during 2018’s bloodbath, with a market correction occurring during Q4. Market Correction is defined as a reverse movement of more than 10% from the peak. This happened on the back of global trade war fears and worries that the market has reached the end of its bull run. Based on the overall sector performance during 2018, we have identified 2 potential sectors with investment opportunities that investors can explore, namely the Metals & Mining sector and the Automobile sector.
Before proceeding with the overview of the sectors, here is a recap of the key events that has happened in 2018.
Ming Jun graduated from RMIT with a Bachelor’s Degree in Business Management. He joined Phillip Securities in 2016 as an Equity Dealer and is currently with the Global Markets Team, specialising in the UK and Europe markets as well as supporting the US and Canada markets. He has provided regular market commentaries across various media channels such as Morning Express Channel 8, 95.8FM Live Radio, 联合早报.