SaxoTV

Garnry: Bargain hunting after market meltdown

663 views
Saxo's Peter Garnry says global equity markets look a little calmer this Tuesday. The China A50 Index is still down around 10% but others across Asia are up. Meanwhile, after being hammered on Monday, the German DAX has almost closed the gap. European equities are up around 3% so far this Tuesday.

Garnry says the volatility isn't over yet so investors must brace themselves for a difficult few weeks ahead. But he says there are many opportunities for those in it for the longer term. He highlights pharmaceutical company Novo Nordisk, media group Walt Disney, tech giant Apple and even the luxury group LVMH.