Daily Market Report (17 Dec 2019)
Tue, Dec 17, 2019 8:42 AM
- Wall Street closed on another high as optimism over the US China trade talk sets in.
- As such, we reckon regional markets should follow suit and see some uptrend today. Meanwhile the local bourse is expected to chart higher as we anticipate some spillover buying today.
- We foresee the FBM KLCI to break the 1,570 mark today and re-test the 1,575 level again.
- Today we have recommended Crest Builder (technical report) as buying sentiments on the stock should improve following a RM316m contract win yesterday.
