Daily Market Report (27 Jul 2020)
- US markets lost ground across all indices with Dow Jones, Nasdaq and S&P500 falling marginally notwithstanding rising tensions between US-China.
- Thus far corporate result season for US markets have been decent. Regional markets are likely to see subdued sentiment on the rising gold prices.
- Back to our local market, we expect market to remain buoyant with much trading opportunities and investors could look at both Asiapoly (Technical View) and AppAsia (Investment Idea).