Positive sentiment likely to continue

In buoyant mood: A specialist works at his post on the New York Stock Exchange. Despite the bouts of volatility, global stock markets have continued to power ahead in recent months, with cyclical counters driving the rally. ─ AP

THE arrival of Covid-19 vaccines since late last year has unleashed bulls in equity markets, as optimism about economic recovery boosts risk sentiment.

Despite the bouts of volatility, global stock markets have continued to power ahead in recent months, with cyclical counters driving the rally.