Daily Market Report (9 Jan 2020)
Daily Market Report (9 Jan 2020)

Daily Market Report (9 Jan 2020)

  • It is a waiting game now for investors as all eyes will be looking at what next? Though Wall Street steadied overnight, trading activities were uneasy as investors largely remain sidelined.
  • In addition, there were also no apparent movements for safe havens like Gold and the US Treasury as investors are unwilling to take any stance. As such, we reckon regional markets to remain nonchalant today due to the still fluid situation between the US and Iran.
  • Locally the FBM KLCI is expected to trend sideways stuck within the 1,580/90 range today.