Daily market Report (24 Jul 2020)
- US markets fell with Dow Jones losing 354 points to 26,652.3 on news of rise in jobless claims while Nasdaq also took a breather falling 244.7 points to 10,461.4.
- Regional market is set to take cue the overnight weakness from US markets.
- On the local front, KLCI closed above 1,600-level with 12bn trading volume yesterday.
- Today we expect pharma, glove healthcare related stocks to remain in focus and continue to see buying interest and investors should take opportunity to buy on weakness.
