Market Reports

Daily Market Report - 16 January 2026
Daily Market Report - 16 January 2026
  • Wall Street rebounded to close broadly firmer as sentiment improved on AI related stocks coupled with solid results from the banking sector, spurring the uptrend from both segments.
  • Meanwhile, the US 10 year yield jumped to 4.173% following the latest jobless claims that is pointing to an improving labour market.
  • Over in Hong Kong, the HSI took a breather to end marginally lower amid some intermittent profit taking activities after a solid 4-day run up.
  • Many are expecting a minor correction at current levels before the index resumes with its uptrend.
  • Back home, the FBM KLCI maintained with its impressive performance to close positively following a weak early session.
  • We believe foreign funds are continuing with their stock accumulation as we noticed there were net foreign inflows over the previous few sessions.
  • As such, we anticipate the index to hover within the 1,710-1,720 range today.
Download
Daily Market Report - 15 January 2026
Daily Market Report - 15 January 2026
  • Wall Street ended lower in a choppy session as traders remain cautious amid Trump’s induced multiple headwinds.
  • Although all 3 major indices managed to close off the day’s low, the sell-down on tech stocks was apparently more drastic following China’s latest ban on Nvidia’s H200 chips.
  • Meanwhile, the US 10-year yield dipped to 4.138%.
  • As for Hong Kong, the HSI maintained its climb predominantly supported by foreign buying whom are looking to diversify away from US assets amid the Powell/Trump spat and the geopolitical tension between the US and Iran.
  • Many global managers are looking at Chinese stocks as an important alternative.
  • Back home, the FBM KLCI managed to stay afloat to close on a 7-year high.
  • We believe foreign buying remains evident and expect this to persist.
  • As such, we expect the index to trend within the 1,705-1,715 range today.
Download
Daily Market Report - 14 January 2026
Daily Market Report - 14 January 2026
  • Wall Street closed lower as sentiment was affected by the heightening uncertainty over Trump’s recent proposals on credit card rate for 1 year in addition to the criminal proceedings against the Federal Reserve’s Jerome Powell.
  • Meanwhile, the US 10-year inched higher at 4.175%.
  • Over in Hong Kong, the HSI continues to climb higher supported by foreign buying in line with the ongoing flight of foreign funds back to Asia.
  • Additionally, the strengthening Chinese Yuan further boosted sentiment.
  • On the home front, the FBM KLCI surged past the 1,700 mark with ease underpinned by the emergence of foreign buying.
  • We believe stock accumulation on blue chips to continue for the time being thereafter we may experience heightening participation in the smaller caps space.
  • For today, we expect the index to hover within the 1,705-1,720 range.
Download
Daily Market Report - 13 January 2026
Daily Market Report - 13 January 2026
  • Wall Street ended positively after a slow opening as traders preferred to ignore Trump’s criminal probe on Fed chair Jerome Powell coupled with his call to cap credit card rate at 10% for 1 year.
  • While the criminal probe will have long term impact on the Fed’s independence, the 10% cap will certainly have adverse impacts on the banks’ earnings moving forward.
  • In view of these developments, the US 10-year yield ticked higher at 4.185%.
  • Over in Hong Kong, the HSI rebounded above the 26,500 thresholds spearheaded by tech and healthcare stocks.
  • Overall sentiment has been buoyed by the record breaking trading volume over in Mainland China.
  • Back home, the FBM KLCI maintained its outstanding performance to close just below the 1,700 level and this can be attributed to the foreign funds that have been net buyers albeit sporadically.
  • Nonetheless, we believe the flight of foreign funds to continue, hence expect the index to trend between the 1,690-1,710 range today.
  • Meanwhile, reports of Sunway taking over IJM Corp is also positive for the construction sector as this may kick-start more M&As going forward.
Download
Daily Market Report - 12 January 2026
Daily Market Report - 12 January 2026
  • Wall Street closed broadly higher with both the DJIA and S&P 500 at record highs again.
  • Sentiment was buoyed by the positive job data that showed unemployment rate trickled down to 4.4% from 4.6% previously.
  • However, jobs added were lower at 50,000 vs the 73,000 forecasts.
  • Meanwhile, the US 10-year yield was flat at 4.167%.
  • As for Hong Kong, the HSI ended mildly positive as inflation (ex-food & energy) in China was flat for December.
  • Though China avoided a deflation in 2025, investors preferred to stay side-lined for now.
  • Back home, the FBM KLCI flew past the 1,680 level underpinned by solid late buying activities.
  • We suspect there may be some foreign buying interests last Friday and if this is sustained, we expect the index to break the 1,700 level anytime soon.
  • For today, we anticipate the index to trend between the 1,680-1,695 range.
Download