After a ‘Sell Everything’ Week, Asian Stock Markets Get Relief
- Benchmark stock gauge set to snap 7-day losing streak
- Analysts say short-covering, bargain hunting are key drivers
Led by technology and oil shares, stock indexes across the region rebounded from the previous day.
Photographer: Kazahuro Nogi/AFP via Getty Images
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Asian equities are set to mark their first gain in a harrowing week, with investors covering shorts and hunting for bargains after trillions of dollars were pledged globally to contain the coronavirus pandemic.