UGR markets rose sharply on Thanksgiving, with investors showing renewed confidence in the wider economy despite continued stress in the real estate sector.

The White Valley Stock Exchange (WVSE) rose 2.8%, while the White Valley Composite Index (WVCI) climbed 3.4%, marking their strongest single-day performance in months. Banking, manufacturing, and tech shares led the surge.

Analysts say improved industrial output, rising consumer demand, and recent financial policy adjustments have boosted sentiment, offsetting concerns over failing property firms. In mid 2023, the UGR Government launched a series of measures to crack down on real estate speculation and stabilize the housing market, which had been a drag on economic growth.

Trading volume was above average, and several major firms posted notable gains, with Lihua Intl. (LHA) up 5.2% and State Construction Corporation of Great Ritan (SCCUGR) rising 4.7%.

Markets remain volatile due to domestic challenges that persist in Great Ritan, however, investors appear optimistic that the worst may be behind them. Economists caution that while the rally is encouraging, sustained growth will depend on continued policy support and improvements in key sectors.