Continue with strategy of 'buy on dips', says Credit Suisse's Sakthi Siva

Sakthi Siva of Credit Suisse said percentage of negative returns in August over the last ten years for MSCI Asia ex-Japan and MSCI Asia Pacific ex-Japan is 71 percent.

MSCI Asia ex-Japan has passed the year-end target of 640, and investors may be tempted to lock in profits given this year's gains exceeding 25 percent in dollar terms, she added.

While it is only four days, foreigners have turned net sellers of Emerging Asia ex-China of USD 1.01 billion over the last four days, she said.

With the theme being the best return on equity fundamentals in six years with Asia Pacific ex-Japan return on equity rising from a low of 10 percent to 10.6 percent, continue to suggest buying the dips, she feels.