Daily Market Report (24 June 2020)
- Wall Street was up again citing economic recovery and potential additional stimulus.
- The DJI Average gained 130 points to almost the 26,160 mark whilst the Nasdaq continue with its record-breaking run.
- As for the regional equities, we reckon prevailing consolidation to continue today having closed firmer yesterday.
- On the local front, we expect the FBM KLCI to possibly test the 1,515 level having rebounded from below 1,500 mark yesterday due to some late buying activities.