Daily Market Report (17 March 2020)
- It will be another eventful day for the equity markets regionally. With Wall Street trashed yesterday, we believe a regional bloodbath is inevitable.
- Locally we expect to see more downside pressure on the FBM KLCI and expect the next support at the 1,200 mark.
- We do not think this is the time to bargain hunt yet as sentiments remain highly fragile.
