Daily Market Report (13 Apr 2020)
Mon, Apr 13, 2020 8:16 AM
- Regional markets are expected to be volatile as Covid-19 remains unrelenting over in the western world.
- Nearer to home, Indonesia is anticipated to see a surge in its numbers as the authorities are ramping up their screening processes.
- As such, we reckon the local bourse is also set to remain volatile and anticipate the FBM KLCI to trend within the 1,345/60 range.
- Overall, we foresee downward pressure on the benchmark index to be greater.
