Daily Market Report (14 Nov 2019)
- The protracted outcome of the US China Trade discussion is making investors jittery as we are seeing some funds diverting to bonds and other safer haven like gold.
- On the local front, yesterday’s sell-down was also exacerbated by regional weaknesses across the board.
- As for today, we would expect some buyers to return to take advantage of yesterday’s decline which was a tad overdone.
- Expect the FBM KLCI to trend higher today possibly retesting the 1,605 mark again.
