Daily Market Report (15 June 2020)
- Wall Street rebounded on Friday following the steep sell-down the day before.
- The DJI Average gained almost 480 points to 25,600 level amid sentiments remained jittery affected by growing fears of the US Covid-19 cases.
- As such, it is expected that regional markets to be rather mixed today as investors should be wary of the progressive easing from various countries judging from new cases in Beijing over the weekend.
- The local bourse that had been one of the best performers in the region may continue to see intermittent consolidation with the FBM KLCI to hover between the 1,540 - 1,550 mark today.
