Daily Market Report (11 Dec 2019)
Wed, Dec 11, 2019 9:27 AM
- As the US China tariff deadline looms, we will not be at all surprised that another extension could be in the offing. Nonetheless, the silence of any affirmative indicators should continue to put investors in a nervy state.
- As such we anticipate it will be another flattish trading day ahead with the FBM KLCI looking to break the 1,565 level.
- Buying interests on plantation stocks may persists buoyed by the strong CPO price which had surpassed the RM2,900/MT mark. We have identified a few laggards like IOI Corp, NSOP, MHC Plantation and PLS Plantation.
