There is room for rally

David Ng, “Growth expectations have been revised strongly upwards, especially coming off from a torrid 2020 when the pandemic hit. But this pace of growth is unlikely to be sustainable due to the base-year effect, ”

ALTHOUGH global equities have already run up quite significantly, there remains room for the market rally to continue through the remaining six months of this year.

According to Affin Hwang Capital Asset Management chief investment officer/deputy managing director David Ng, there are still ample opportunities for investment in global markets, supported by excess liquidity and continued economic recovery from the Covid-19 crisis.