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OUTLOOK 2021

Cyclical stocks to lead earnings recovery when vaccines roll out

Republic's stock valuations have fallen behind regional and global peers, 'but appear poised to narrow the gap in 2021'

Singapore

TECH-heavy markets that rallied during the pandemic will soon give way to sectors that stand to gain from the potential cyclical recovery once vaccines roll out, said analysts.

In a recent media teleconference, Tan Min Lan, Asia-Pacific head of UBS's chief investment...

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