'Santa Claus rally': Asian markets edge higher amid thinned holiday trade; silver hits record high
Asian markets edged slightly higher on Friday amid holiday-thinned trade, though some exchanges remained closed for the Boxing Day holiday. Many markets extended their year-end rallies as analysts projected a "Santa Claus rally" -- the phenomenon where prices tend to rise during the last five days of December and the first two days of the new year.
Asian markets edged slightly higher on Friday amid holiday-thinned trade, though some exchanges remained closed for the Boxing Day holiday. Many markets extended their year-end rallies as analysts projected a "Santa Claus rally" -- the phenomenon where prices tend to rise during the last five days of December and the first two days of the new year.
