Market Reports

Daily Market Report - 13 October 2025
Daily Market Report - 13 October 2025
  • Wall Street closed broadly lower as traders unloaded their holdings as the tension between China and the US became increasingly tense after China’s move to curb exports of rare earth and prompted more tariff threats from Trump.
  • Meanwhile, the US 10-year yield eased to 4.059%.
  • In Hong Kong, the HSI weakened further to the 26,300 level tracking the US concerns over the AI bubble and over valuations.
  • Back home the FBM KLCI slumped to just above the 1,620 mark amid a regional sell-down.
  • We believe the lack of direction from Wall Street amid the prevailing government shutdown may have instigated the selling until more clarity emerged.
  • In view of the cautious mood, we expect the index to hover within the 1,615-1,625 range today.
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Daily Market Report - 10 October 2025
Daily Market Report - 10 October 2025
  • Wall Street ended lower as the US government stalemate continues with no signs of any agreement.
  • Meanwhile, the US 10-year yield inched higher at 4.142%.
  • Over in Hong Kong, the HSI managed to pare earlier steep losses to close mildly lower as sentiment was affected by the weak Chinese retail sales during the Golden week.
  • Meanwhile, investors are also waiting for policy signals from the Communist Party’s meeting later this month.
  • On the home front, the FBM KLCI managed to end on a positive note amid a rather choppy session.
  • We suspect foreign funds remained as net sellers following massive net outflows amounting to RM878m over the last 3 days.
  • Despite this, we believe domestic funds are accumulating local stocks and that retail participation may be improving as observed from the uptick in trading volume above 4.7bn shares yesterday
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Daily Market Report - 9 October 2025
Daily Market Report - 9 October 2025
  • It was another record breaking day for both the Nasdaq and S&P 500 as traders decided to look past the ongoing government shutdown and the uncertainty over the number of rate cuts by the Fed.
  • Meanwhile, the US 10- year yield remains flat at 4.123%.
  • Over in Hong Kong, the HSI declined to below the 27,000 thresholds on growing concerns that the AI boom may be overheating and is turning into a bubble.
  • Back home, the FBM KLCI ended lower as selling pressure persists predominantly from foreign fund outflows.
  • In fact, the benchmark index managed to rebound off the day’s low, illustrating the prevalence of underlying buying support within the local bourse.
  • As such, we remain adamant that the local bourse still has the legs to scale higher hence expect the index to trend between the 1,625-1,635 range today.
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Daily Market Report - 8 October 2025
Daily Market Report - 8 October 2025
  • Wall Street ended broadly lower as traders decided to lock in profits after a record breaking run recently.
  • Sentiment was also affected by the ongoing government shutdown which is on its 7th day.
  • Meanwhile, the US 10-year yield eased marginally to 4.125%.
  • Hong Kong market was closed for Mid-Autumn Festival yesterday and will resume trading today.
  • On the domestic front, the FBM KLCI declined to just above the 1,630 level attributed to some profit taking activities, especially by the foreign funds over the last 2 days.
  • Nonetheless, we believe the local bourse remains rather well supported and see the recent weakness as a brief digestion period for the market.
  • In view of this, we anticipate the index to trend between the 1,625-1,635 range today.
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Daily Market Report - 7 October2025
Daily Market Report - 7 October2025
  • Despite Wall Street ending on a mixed note, both the Nasdaq and S&P 500 touched record highs spurred by optimism of M&A activities following the deal between AMD and OpenAI.
  • Meanwhile, the US government shutdown continues with the US 10-year yield trended higher at 4.158%.
  • Over in Hong Kong, the HSI closed lower at just below the 27,000 level as traders locked in profits ahead of the stockmarket’s closure for Mid-Autumn festival celebration today.
  • On the home front, the FBM KLCI edged higher amid the buying support from foreign funds following a net foreign inflow of RM812m over the last 3 trading days.
  • In addition, we also saw signs of improving retail participation over the last few days on improving trading volume.
  • Therefore, we expect the index to hover within the 1,635-1,645 range today.
  • Meanwhile, gold price surged to another record high at USD3,940/oz
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