Daily Market Report (03 Feb 2020)
Daily Market Report (03 Feb 2020)

Daily Market Report (03 Feb 2020)

  • Coronavirus and Wuhan has taken the steam out of bull of global markets where stronger earnings season from US markets have taken a back seat for the moment.
  • All eyes will be on China’s equity market which has reopened today after an extended break.
  • On the local front today, market is expected to be selling mode with FBM KLCI’s support level at 1,500. Longer term investors may take the opportunity to bargain hunt on oversold stocks.