Daily Market Report (20 Dec 2019)
- Renewed optimism over a US China trade deal soon has propped Wall Street higher and we expect this positive sentiment to reverberate across Asia. As such, we believe regional market to trend higher today.
- Following a minor hiccup on Bursa yesterday we reckon the local bourse to continue with its uptrend amid traces of window dressing activities.
- The FBM KLCI is seen to possibly break the 1,600 mark today enroute to the 1,610 level.