Daily Market Report (19 Dec 2019)
- Wall Street stayed firm as traders were sidelined ahead of the US China trade deal coupled with Trump’s impeachment process. Supported by regional uptrend the local bourse displayed one of its finest performance for a long time.
- The FBM KLCI surged by more than 20 points to almost touch the elusive 1,600 mark yesterday and we believe the momentum to continue today.
- There were hints of window dressing activities and we anticipate the benchmark index to test the 1,610 level today.
