Markets to sustain rally in 2021 amid vaccine-led recovery: analysts
Economic recovery, however, is expected to be gradual and uneven across sectors
Claudia Tan HS
Singapore
THE recent market rally is expected to extend into this year as pandemic laggards continue to gain ground amid the global Covid-19 vaccine roll-out, though economic recovery will be gradual and uneven across sectors, according to market watchers.
This comes as the strong rebound of cyclical and value stocks signals a broadening market rally, DBS's chief investment officer Hou Wey Fook told the media on Monday at its 2021 first-quarter market outlook.
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