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| The Market's Post-Easter Rally |
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The Hang Seng Index went up 3,000 points in a single day after the long weekend Easter holidays with more than $100 billion worth of stocks traded during the session. The sharp rebound gave a shot in the arm to the stock market??s growth momentum in April. The US Federal Reserve??s recent initiatives have stabilised the stock market performance as the Dow Jones Industrial Index regained nearly 7% within two weeks. Oil and gold prices returned to their upward trends while the Hang Seng Index staged a comeback of about 10%. Die-hard pessimists should review their investment strategies and potential risks seriously, bearing in mind that sentiment is improving steadily. |
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