Daily Market Report (29 May 2020)
- Wall Street saw bouts of late selling on fears of Trump’s move against social media companies plus the worsening US/China relationship.
- The DJI Average closed almost 150 points lower at 25,400.
- The late selling depicts the fluidity of investors sentiments thus we may see regional markets to experience some downside today.
- As for the local bourse, we reckon the FBM KLCI to face with some selling pressure with the index to test the immediate support of 1,450.
