Daily Market Report (24 Jan 2020)
- Market participation is expected to be rather muted today amid a shortened trading hour.
- With Bursa Malaysia closed for CNY celebration until Tuesday, we reckon the FBM KLCI to hover within a tight range of between 1,570/75 today.
- Meanwhile, the spreading of the coronavirus may be added dampener for the regional markets.
- All in all, we believe the local bourse to remain rather docile.
