Daily Market Report (24 Dec 2019)
Daily Market Report (24 Dec 2019)

Daily Market Report (24 Dec 2019)

  • U.S. equity markets continued its winning streak to three record closing session on the back of news that China lowered tariffs as a sign of reducing trade tensions that is fuelling the year-end rally.
  • On the local front, last week saw net foreign buying activities which would support FBM KLCI coupled with continued see window dressing activities.
  • We expect KLCI to head towards 1,620 level and 1,630.