US market was closed yesterday, so probably the best hint that I can think of is the European market. Overall, European market closed slightly higher with: i) FTSE (+41.83p or 0.74%), ii) CAC40 (+12.81p or 0.34%) and iii) DAX (+55.86p or 0.82%).
Why European market rose?
According to Bloomberg website, it says "European stocks rise as Deutsche Bundesbank President Axel Weber said the euro area rescue fund has sufficient capital to calm financial markets and as real-estate shares increased across the continent"
How about Japan and Australia market this morning?
Up slightly as of 8.12am... Nikkei (+30.44p), ASX (+13.20p).
My view:
Looks like Malaysia market shall open stronger today and retest the 1500 level. The Petronas Chemical listing today may provide some boost to the market as well.
ONLINE STORE - salvadordali
1 month ago
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