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April Kicks Off With A Bang

EQUITIES

Asia-Pac indices are in the green, making April a good month so far with two consecutive days of gains. Several markets were closed for holidays, which meant light news flow and thin volumes. Markets took a positive lead from the US, while higher oil prices post OPEC+ also helped support sentiment. Markets in South Korea were buoyed by reports that US officials was planning to meet with semiconductor firms to address the global shortage of microprocessors. Markets in China are on track for their best week since February. US equity futures are higher, buoyed by a record close on the S&P above the 4,000 level, tech shares were the outperformer.

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