Daily Market Report (10 July 2020)
- Wall Street retreated on fears of the mounting Covid-19 cases in the US.
- The DJI Average lost 361 points to dip below the 26,000 mark while Nasdaq continues with its record-breaking run.
- Therefore, regional markets are expected to be mixed today taking cue from the weakness on Wall Street. Locally, we reckon the FBM KLCI to be flattish and is seen to trend within the 1,575-1,585 range today.
