Consumer, banking and tourism sectors to watch

All set: Masked pedestrians are seen walking past the Bursa Malaysia building. Investors are already looking at recovery-related stocks on the local bourse.

SOME consumer, tourism and hospitality-related stocks have been on a tear over the last few months, as investors expect these industries to recover should vaccination programmes prove to be the elixir to the pandemic.

This was despite stock markets around the world taking a dive after the United States Federal Reserve (Fed) hinted that the first interest rate hike could come faster than expected.