Daily Market Report (31 Dec 2019)
- Despite Wall Street taking a breather following a record breaking 2019, we expect selective Asian markets to continue with their uptrend amid some foreign buying.
- The local bourse especially should see its positive performance intact and we expect the FBM KLCI to chart further upside with 1,620/25 as the next target range.
- Meanwhile the MYR is also performing rather well currently at 4.10 against the USD from around 4.18 only a month ago.
