Australian Stocks May Shed Laggard Tag in 2021

  • Economy, China tensions and dividends are focus for next year
  • AMP, Commsec see benchmark index reaching record high in 2021
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For many investors Down Under, 2020 was a year to forget. Australia’s stock market struggled to regain ground during the pandemic, even as many others like the U.S. surged as investors continued their love affair with all things tech.

Next year will likely be a different story: With a vaccine-fueled global rebound benefiting cyclical shares, Australian stocks are set to shine.