Daily Market Report (3 Jan 2020)
Daily Market Report (3 Jan 2020)

Daily Market Report (3 Jan 2020)

  • New year offers new hopes as we saw the DJI Index closing in on the 29,000 mark. With Wall Street remains on solid ground, we expect the same for regional markets spearheaded by China on optimism of an early US China trade agreement.
  • On the local front, decent valuations driven by an anticipated improving corporate performance should attract more foreign funds inflow following a pathetic 2019.
  • We expect the FBM KLCI to test the 1,610 level today with buying interests on the Plantation sector to persist.