Daily Market Report (11 Oct 2019)
- Global equity markets are hopeful of trade deal as US President Donald Trump is scheduled to meet China’s Vice Premiere Liu He and both sides are keen to strike a trade deal, never mind a partial deal.
- Today is the D-day Budget 2020 for our local market with high expectations of an expansionary budget to be tabled later today.
- The much-needed catalyst for our equity market is for the pump priming of our economy and this would propel our KLCI to 1,600 level.
