KLCI uptrend will continue with 2nd liners may be in focus

Index linked stocks advanced closing to 1800 following up with rally on Oil & gas counters. 

Yesterday, construction and developers firm are getting support.  We expect 2nd liners or smallcap stocks will takeover to push KlCI further with rotational play.
The trade war that cause lower interest rate is our main reason to believe world equities will continue flood with money that look for yield.

Central bank if israel also surprise move to cut interest rate to 1.5%.  We may expect a surprise from Bank Negara to reduce interest rate by 25 basis point in next meeting. As character of our bank negara also support cheaper RM to protect export.