Asian markets rally amid thin Easter weekend trade

RECAP: Most Asian markets rallied yesterday after a sell-off the previous day in reaction to more evidence of a US economic slowdown. Trade was thin as many Western markets observed the Good Friday holiday.

Thai shares moved in a range of 1,569.37 and 1,613.98 points before closing yesterday at 1,577.07, down 2% from a week earlier, with low average daily turnover of 39.89 billion baht in a four-day trading week.

Retail investors were the top net buyers of 2.07 billion baht, followed by brokers at 1.52 billion baht. Institutional investors were net sellers of 2.5 billion baht and foreign investors sold a net 1.08 billion baht.

NEWSMAKERS: China sent warships and aircraft near Taiwan for a second day yesterday, in addition to announcing sanctions against selected US and Taiwanese individuals and organisations. The moves came after Taiwanese President Tsai…