- rally
- An upward price movement.See recovery. The CENTER ONLINE Futures Glossary————( recovery)An upward movement of prices . Opposite of reaction. Bloomberg Financial Dictionary————An upward movement of prices following a decline. The opposite of a reaction. Chicago Mercantile Exchange Glossary————A sudden rise in the value of a share or market performance after a long fall. Financial Services Glossary
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if prices of shares, currencies etc rally, they rise again after falling:• Stock prices rallied this afternoon after earlier falls.
• Volvo B shares rallied 5 Swedish kronor to 398 kronor.
— rally noun [countable] :• a powerful stock market rally
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General trading term for when a whole market or sector reverses a previous general fall, or moves up from a narrow trading range.* * *
Ⅰ.rally UK US /ˈræli/ noun [C] (plural rallies)► STOCK MARKET a sudden increase in share prices after a period when they have been falling or there has been low activity: a rally in sth »The shares of gold mining companies were boosted by a rally in bullion prices.
spark/cause/trigger a rally »News of the retail industry's first-quarter profits triggered a rally in share prices.
stage/enjoy a rally »Major oil producers staged a rally despite weaker prices for crude oil.
a powerful/sharp/strong rally »After a powerful rally last year, stocks have languished for the first quarter of this year.
»a market/price/stock rally
»a brief/late/early rally
► POLITICS a large public meeting where a lot of people show their support for something: attend/hold a rally »The anti-war rally was attended by around 5,000 people.
»speak at/address a rally
»a campaign/political/protest rally
»an election rally
Ⅱ.rally UK US /ˈræli/ verb [I]► STOCK MARKET to improve after a period of falling share prices or of low activity : »The company's stocks rallied after an initial fall.
rally against sth »The pound rallied against the dollar in trading today.
rally from/to sth »Shares in the retailer rallied to 257p after dropping to 230p last month.
rally (by) 10 points/20%/1p, etc. »The Nasdaq rallied 41% to hit 2313.85.
»rally sharply/strongly
Financial and business terms. 2012.