Markets to sustain rally in 2021 amid vaccine-led recovery: analysts
Economic recovery, however, is expected to be gradual and uneven across sectors
Add BT as a preferred sourceClaudia Tan HS
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
