Market Reports

Daily Market Report - 17 September 2025
Daily Market Report - 17 September 2025
  • Wall Street closed lower as traders decided to lock in profits ahead of the Federal Reserve’s decision on interest rate later today.
  • Many are also waiting for Jerome Powell’s press statement for clues on future monetary policy.
  • Meanwhile, the US 10-year yield dipped marginally lower at 4.03%.
  • Over in Hong Kong, the HSI closed flat as traders remain sidelined ahead of the Fed’s interest rate stance.
  • In addition, interest is also centered on the purported talk between Trump and Xi this Friday as the two power-house reached an agreement to keep Tik Tok operating in the US.
  • Back home, the FBM KLCI surged to reach the 1,600 level last Friday, attributed to last minute buying ahead of a long weekend.
  • Whether this is sustainable remains to be seen but we believe the local bourse is on solid ground thus anticipating the index to hover within the 1,595-1,610 range today.
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Daily Market Report - 12 September 2025
Daily Market Report - 12 September 2025
  • Wall Street closed broadly higher as all 3 major indices set record highs despite a hotter CPI figure for August on a monthly basis.
  • Nonetheless, traders remain confident that the Fed will cut rates next week after the weekly jobless claims saw a surprise jump.
  • Meanwhile, the US 10- year yield eased to 4.026%.
  • Over in Hong Kong, the HSI declined amid news that Trump may decide to impose fresh tariffs on medicine exports from China resulting in a hammering amongst the pharmaceutical companies.
  • On a positive note, according to Morgan Stanley, US investors are increasingly interested in Chinese stocks.
  • Back home, the FBM KLCI took a breather and slipped to almost the 1,580 level following a bright start to the week.
  • Hopefully we will see an immediate rebound tomorrow as the local bourse remains one of the underperformers in the region.
  • However in view of another extended long weekend, we expect the index to hover between the 1,575-1,585 range today.
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Daily Market Report - 11 September 2025
Daily Market Report - 11 September 2025
  • Wall Street ended mixed with all 3 major indices closing off the day’s high as traders are looking ahead for the release of August CPI data later today.
  • Meanwhile, the producer price index (PPI) declined slightly for August while the US 10-year yield eased marginally to 4.045%.
  • As for Hong Kong equities, the HSI closed above the 26,000 mark as optimism of a Fed rate cut grew stronger.
  • Additionally, traders are also hopeful for a possible rate cut by China in view of the weak CPI figure recently.
  • On the home front, the FBM KLCI ended above the 1,590 level or at a 2-week high.
  • We noticed foreign funds may have started to nibble on local equities, which is certainly a positive sign.
  • As such, we expect the index to trend within the 1.590-1,600 range today.
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Daily Market Report - 10 September 2025
Daily Market Report - 10 September 2025
  • Wall Street ended higher with all three major indices notching record highs on prospect of a Fed rate cut while waiting for crucial inflation data today and tomorrow.
  • Meanwhile, the US 10-year yield inched higher at 4.086%.
  • Over in Hong Kong, the HSI surged to a 4-year high, a level last seen in Aug-2021.
  • Sentiment was boosted by the latest upgrade on the Hang Seng index from Citigroup coupled with the imminent Fed rate cut next week.
  • Back home, the FBM KLCI closed in positive territory despite both Maxis and MISC adjusted for ex-dividend illustrating that the market undertone for the local bourse remains intact.
  • Hence, we believe the benchmark index will re-test the 1,600 level anytime soon.
  • For today, we expect the index to hover between the 1,585-1,600 range.
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Daily Market Report - 9 September 2025
Daily Market Report - 9 September 2025
  • Wall Street ended broadly firmer with Nasdaq hitting another record high as traders are looking ahead for crucial inflation data over the next few days.
  • In view of this, the US 10-year yield eased to 4.04%.
  • Over in Hong Kong, the HSI closed on a positively note edging closer to the 26,000 mark as sentiment remains buoyant of a Fed rate cut next week amid a weakening US job market.
  • Back home, the FBM KLCI as expected ended higher after playing catch-up with regional markets.
  • Buying support from local institutions remains apparent underscoring that the local bourse is rather well supported.
  • We believe stock accumulation to continue as we enter into the final quarter of 2025 with corporate environment still stable.
  • For today, we anticipate the index to trend within the 1,585-1,600 range.
  • Meanwhile, gold prices surged to another record high clearly illustrating that funds may be flowing out of USD denominated assets.
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