Market Reports

Daily Market Report - 12 December 2025
Daily Market Report - 12 December 2025
  • Wall Street closed mixed as traders are rotating out from AI stocks and into the broader market after disappointing results from Oracle.
  • In view of the recent rate cut, many are looking at the smaller cap companies to benefit from lower borrowing costs and play a role in the so-called Santa Rally.
  • Meanwhile, the US 10-year yield stayed flat at 4.153%.
  • Over in Hong Kong, it was a brief encounter between traders and the Fed’s rate cut as the index subsequently weakened to end up flat.
  • Focus is now shifted on China’s economic conference and the purported easing policy to boost domestic demand especially on the property market.
  • Back home, the FBM KLCI surged to the 1,625 mark or a 5-day high, underpinned by solid buying throughout yesterday’s session.
  • We are hopeful these may be a mixture of both local institutions and foreign funds.
  • As such, we expect the index to trend within the 1,620- 1,630 range today.
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Daily Market Report - 11 December 2025
Daily Market Report - 11 December 2025
  • Wall street rebounded as the Federal Reserve decides to cut rate by 25bps.
  • Sentiment was also boosted by Fed chair Jerome Powell ruling out any rate hike in the foreseeable future as labour market remains weak.
  • Consensus is hopeful that there may be 2-3 more rate cuts in 2026 while the US 10-year yield has eased to 4.155%.
  • As for Hong Kong equities, the HSI rebounded to above the 25,500 level as sentiment was bolstered by Beijing’s stimulus policy to shore up the property and the broader economy.
  • Speculation that Beijing may subsidize homebuyers’ loans to ease repayment burden further buoyed property stocks.
  • Back home, the FBM KLCI closed lower at just above the 1,610 mark but off day’s low due to some late buying activities.
  • Nonetheless, we noticed there is still a lack of conviction from investors in the absence of fresh catalysts.
  • As such, we expect the index to hover within the 1,610-1,620 range today.
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Daily Market Report - 10 December 2025
Daily Market Report - 10 December 2025
  • Wall Street ended mixed as traders remained side-lined  ahead of the Federal Reserve rate decision anytime  soon.
  • Meanwhile, the US 10-year yield edged higher at  4.188%.
  • Over in Hong Kong, the HSI continued with its  decline to now below the 25,500 level.
  • Traders  remained side-lined over the Fed rate decision coupled  with China’s easing policy going forward.
  • On the home  front, the FBM KLCI finally managed to close above  water at around the 1,615 mark.
  • Sentiment remains  cautious as we noticed traders are unwilling to take up  more position for now.
  • As such, we anticipate the index  to trend between the 1,610-1,620 range today.
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Daily Market Report - 9 December 2025
Daily Market Report - 9 December 2025
  • Wall Street closed broadly lower as traders decided to sell ahead of the Federal Reserve decision on interest rates tomorrow.
  • Meanwhile, the US 10-year yield inched higher at 4.17%.
  • Over in Hong Kong, the HSI slipped to below the 26,000 level as traders sold their holdings while looking at the Fed’s move on interest rates.
  • Back home, the FBM KLCI declined for the 3rd day as sentiment has turned cautious amid the net outflow of foreign funds.
  • Despite the steady MYR which is hovering at 4.11 vs the USD, investors remain unconvinced hence not committing themselves as yet.
  • For today, we expect the index to hover within the 1,610- 1,620 range.
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Daily Market Report - 8 December 2025
Daily Market Report - 8 December 2025
  • Wall Street finished higher with moderate gains across the three major indices as investors continued to cheer cooling inflation and the prospect of a coming Federal Reserve rate cut following several weaker-thanexpected economic data releases.
  • Gains were further supported by buying interest in technology, consumer, and healthcare stocks.
  • The Dow rose more than 100 points, re-testing the 48,000 level, while the S&P 500 added nearly 0.2% to close at 6,870.
  • The Nasdaq climbed 73 points to 23,578.
  • Over in Hong Kong, stocks also ended higher, with strong buying in tech giants lifting the Hang Seng Index to finish above the 26,000 mark.
  • As for the local bourse, the FBM KLCI closed lower last Friday as profit-taking activities persisted following its recent gains.
  • Even so, strong buying interest emerged near the 1,610 level, allowing the benchmark index to finish well off its intraday low.
  • This suggests that buyers are still willing to accumulate on dips despite the softer tone.
  • Given this backdrop, we anticipate the FBM KLCI to continue oscillating within the 1,610–1,630 range today.
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