Daily Market Report (1 April 2020)
Daily Market Report (1 April 2020)

Daily Market Report (1 April 2020)

  • The way Wall Street penned out yesterday hopping between positive and negative territory, displayed the uncertainty amongst investors.
  • At the close, the DJI Average succumbed to the sellers as it closed 400 plus points lower.
  • Sentiments were also affected by the surge of Covid-19 cases in the US which is closing in to 190,000.
  • Reflecting the weaker close on Wall Street, we reckon regional markets to be rather mixed today.
  • As for the local bourse, we expect some pressure on the FBM KLCI today with 1,330 being the immediate support level.