The troubles in the Far East have returned again to spook the markets, but brokers are suggesting that the latest set-back could nonetheless provide profitable opportunities for investors.
Among Irish equities, the meltdown in the Asia region has already hit Waterford Wedgwood's share price, because of its exposure to the Japanese market mainly through its Wedgwood business. The shares which had dealt as high as around 100p this year are now trading back at just over 70p in the wake of the latest bout of nervousness.
Some brokers are highlighting its relatively cheap price at the moment as a good bet for investors. The Wedgwood business is still relatively small in terms of its contribution to the group.
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