Australia investors eye boost for stocks as economic calm returns

SYDNEY -- Success in tackling COVID-19 has not yet been reflected in Australia's stock market, which badly lagged regional peers last year.

But as global investors seek high-yielding safe assets to park their wealth in, analysts expect that Australia is poised for a rebound, with heavyweight sectors such as financials, resources and industrials set for strong gains as the global economy recovers and mining exports to China boom.