Daily Market Report (13 July 2020)
- Wall Street defied gravity amid the rising Covid-19 cases in the US as stocks ended broadly higher.
- The DJI Average gained 370 points to surpass the 26,000 mark again. Regional markets are expected to rebound after ending the week in the red last Friday.
- On the local front, the FBM KLCI is definitely bent on breaking the 1,600 level following a blistering week which saw the benchmark index making a 40 point gain week on week.
