Relief Rally

Relief Rally

A general increase in stock or other security prices because an expected negative situation did not materialize or began to reverse itself. For example, if stocks were falling all week because oil prices were rising, but oil prices suddenly dip on Friday, stock prices may recover some of their lost ground in a relief rally. See also: Behavioral Economics.
References in periodicals archive ?
The relief rally generated on Wednesday continued on Thursday and KSE-100 Index gained 371.
The index managed to bounce off the 8,300 support level; it may see relief rally but the current support needs to hold through.
THE London market's relief rally continued yesterday as concerns over North Korea eased and blue-chip mining stocks surged on robust economic data from China.
THE London market's relief rally continued on Thursday as concerns over North Korea eased and blue-chip mining stocks surged on robust economic data from China.
European stock volatility measured by the Euro Stoxx 50 Volatility Index fell to the lowest since March on Monday, even as a two-week advance in both the euro and global stocks in the lead-up to the final vote left little room for a relief rally.
Commodities did not join the past days' financial-market risk relief rally.
Asian shares ended higher following a relief rally in global equities after centrist candidate Emmanuel Macron won the first round of the French presidential election.
On Monday, all three benchmarks scored their best day since March, as stocks staged a relief rally globally.
LONDON'S top-flight index dropped and sterling pulled back from session highs as a strengthening dollar and parliamentary debate on Brexit tempered the currency's relief rally.
Hussein Sayed, chief market strategist at FXTM, cautioned: "The relief rally led by political clarity is likely to be short-lived as many questions remain unanswered, and the immediate risk will be the Bank of England's meeting on Thursday, likely to announce new stimulus measures in response to Britain's vote to leave the EU.
Encouragingly, most valuations have started to reflect this, despite the relief rally year- to-date of about 30 per cent," Jaap added
Trinidad noted that the local stock barometer offered the clearest expression of a relief rally in three of the last four Philippine presidential elections-in 1992, 2004 and 2010.