Daily Market Report (10 June 2019)
- How things have changed. What were perceived as a “SELL” market only 2-3 weeks ago, is now viewed with much aplomb. We reckon the US/China trade war may be getting stale and that investors are becoming more immune to such developments.
- Nonetheless, we believe market volatility still prevails but to a much lesser extent. Today, regional markets are anticipated to trend higher following Wall Street’s uptick. Domestically we see the FBM KLCI to remain firm with the immediate resistance at around the 1,670 mark.