Market Talk – Final Day of April

Posted by Martin Armstrong

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martyface

On the final day in April, we have seen shares rally across the board and not just in Asia. Two major markets were closed today for national holidays and so volumes are traditionally quiet on these occasions. However, we saw a stunning +1.74% return for the Hang Seng as a broad based rally consumed much of the talk. Tech, financials, real estate and the weekends Korea headlines all helped to this strong performance. Japan and China main were off today, but we did see Yen continue to trade lower against the USD even with the late correction in US stocks. SENSEX opened well and kept its bid for the whole day, strong performance. More consolidation for the INR around mid 66’s… CLICK for complete article