Opportunities in equities

Preferred instrument: A pedestrian is reflected on an electronic stock board outside a securities firm in Tokyo. Risk assets continue to be favoured in a cyclical recovery and due to still-accommodative central banks in developed markets. — Bloomberg

THE fresh wave of Covid-19 cases may have sent the financial markets reeling under panic over the week, but analysts say investors should look past the current short-term volatility and seize the opportunity to go long on recovery plays.

This is because economic and earnings growth prospects have improved significantly as vaccination campaigns accelerate globally.