Bloomberg.com, 4 Dec 2009
Dec. 4 (Bloomberg) -- India and Singapore offer Asia’s best chance for a “December rally” in stocks while Indonesia may post the strongest gain, Macquarie Group Ltd. said, citing the region’s historical returns.
Indian and Singapore shares have advanced in December 87.5 percent and 80 percent of the time, Macquarie analysts Daniel McCormack and Henry Hon wrote in a report dated yesterday.
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