Market Reports

Daily Market Report - 17 July 2026
Daily Market Report - 17 July 2026
  • Wall Street ended broadly lower, predominantly led by the sell-off in technology stocks.
  • Traders also ignored a raft of solid earnings as most preferred to lock in profits after an uptrend the previous day.
  • In addition, the latest economic data also shows that the US consumer segment is holding up rather well. Meanwhile, the US 10 year yield remained flat at 4.557%.
  • As for Hong Kong equities, the HSI closed higher to finally surpassed the 25,000 mark as the rotation out of South Korea and into Hong Kong tech giants continues.
  • On the home front, the FBM KLCI regained its uptrend to end above the 1,720 level after a brief correction the day before.
  • We noticed foreign funds are back to collect on domestic stocks, but overall trading activities remained rather muted.
  • Nonetheless, we expect the index to trend between the 1,715-1,730 range today.
Download
Daily Market Report - 16 July 2026
Daily Market Report - 16 July 2026
  • Wall Street ended on a positive note as many perceived that the US inflation may be cooling down as the latest producer price index (PPI) for June came in lower than expected after a lower CPI figure the day before.
  • As a result, the US 10-year yield dipped to 4.551%.
  • Meanwhile, traders are also switching within the tech segment from semiconductor stocks to big tech names namely Alphabet, Amazon, Apple and Microsoft.
  • Over in Hong Kong, the HSI closed positively to around the 24,700 level or a 1-month high despite China’s lower than expected 2Q GDP growth, instead market participants prefer to focus on the cooling US inflation data for June.
  • Back home, the FBM KLCI failed to sustain its previous day’s impressive performance to end lower mainly due to some profit taking activities by the foreign funds.
  • Hence for today, we anticipate the index to hover within the 1,710-1.720 range.
Download
Daily Market Report - 14 July 2026
Daily Market Report - 14 July 2026
  • Wall Street fell as tension between the US and Iran escalates with Trump declared a blockade on the Strait of Hormuz.
  • As a result, crude oil prices spiked with the Brent crude jumping to USD83/barrel.
  • Meanwhile, the US 10-year yield also ended higher at 4.634%.
  • Over in Hong Kong, the HSI ended on a flattish note as trading was muted dragged mainly by the increased tension in the middle east and spike in crude oil prices.
  • Meanwhile, ongoing defensive rotation out of AI stocks are also holding back overall trading activities.
  • On the home front, the FBM KLCI maintained its climb to nearly the 1,700 mark as bargain activities continue especially on plantation related stocks.
  • We also noticed a trickling of foreign funds back into the local bourse of late thus we expect the index to trend between the 1,690-1,705 range today.
Download
Daily Market Report - 13 July 2026
Daily Market Report - 13 July 2026
  • Wall Street ended broadly higher led by tech related stocks and the successful debut by SK Hynix ADRs on Nasdaq, which was up 13% from its IPO price.
  • In addition, sentiment further improved on news that the US and Iran may returned to the negotiation table again.
  • As a result, crude oil prices eased while the US 10-year yield inched higher at 4.561%.
  • Over in Hong Kong, the HSI trended higher to firmly above the 24,000 level as funds rotated out of the crowded South Korea and Taiwan markets into Chinese-listed ones in Hong Kong.
  • Back home, the FBM KLCI rallied to a 2-week high to above the 1,690 mark as funds snapped up the index laggards amid some obvious bargain hunting activities.
  • Nonetheless, we believe market undertone remains cautious thus expect the index to trend within the 1,680-1,695 range today.
Download
Daily Market Report - 9 July 2026
Daily Market Report - 9 July 2026
  • Wall Street was mixed as market confidence turned sour following Trump’s statement that the ceasefire treaty with Iran is over.
  • Meanwhile, crude oil prices have jumped higher while the US 10-year yield also edged higher at 4.581%.
  • Over in Hong Kong, the HSI jumped to close sharply higher at above the 24,000 mark as funds rotated back to the heavily sold-down Chinese tech
    stocks.
  • Back home, the FBM KLCI ended on a flat note and erased all gains early in the session. We reckon the selling may be due to the collapse of the US-Iran
    ceasefire MOU that pushed crude oil price higher with the Brent crude trending at above USD78/barrel currently. In view of this, we expect the index to trend within 1,675-1,690 range today.
Download