Daily Market Report (18 Dec 2019)
Wed, Dec 18, 2019 8:56 AM
- Wall Street continued to close at record high on the back of US housing and industrial production data suggesting economic growth remains robust. Hence, we reckon regional markets will see follow through positive sentiments and continue the uptrend today.
- Meanwhile on the local front, the revival of Bandar Malaysia and the HSR project coming back in the picture bodes well for the economy with construction stocks to benefit and be in focus.
- FBM KLCI is expected to rise on the window dressing activities with KLCI crossing the 1,580 mark.
