Daily Market Report (4 Feb 2020)
- Sentiment remains jittery as we enter yet another trading day clouded by the virus. Wall Street staged an unconvincing rebound yesterday which should see regional markets to remain mixed today.
- Locally we believe it will be another “yo-yo” day with the psychological support level at the 1,500 mark.
- Investors may even opt to take profit on stocks that had performed rather well year to date if the broader market is to continue with the downtrend.
