Market Reports

Daily Market Report - 27 February 2026
Daily Market Report - 27 February 2026
  • Wall Street closed on a mixed note as the fragile sentiment on AI related stocks remains highly sensitive which saw the sell-down on both Nvidia and Salesforce despite registering better-than-expected results.
  • Meanwhile, the US 10-year yield fell to 4.01%.
  • As for Hong Kong equities, the HSI declined as traders decided to lock in profits whilst Nvidia’s latest earnings failed to rekindle any excitement to sustain the AI momentum.
  • Back home, the FBM KLCI continued to trend lower as profit taking activities continued especially on the Banks after a recent good run-up.
  • Meanwhile, we believe recent highlights by S&P Global Ratings on Indonesia’s fiscal position may have certain implications on regional bourses.
  • Despite this, we reckon further downside would present an excellent bargain hunting opportunity, particularly if the index closes in on the 1,730 level.
  • As for today, we expect the index to hover within the 1,735-1,745 range.
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Daily Market Report - 26 February 2026
Daily Market Report - 26 February 2026
  • Wall Street maintained its uptrend spearheaded by Nvidia and that recent concerns about AI disruptions may be a bit overblown.
  • Meanwhile, Nvidia reported its 4Q earnings after hours that came in above expectations and that the US 10-year yield inched marginally higher at 4.058%.
  • Over in Hong Kong, the HSI staged a relief rebound as concerns over AI’s threats on other business segments eased.
  • Meanwhile, HSBC rallied as earnings came in above expectations.
  • Back home, the FBM KLCI slid to below the 1,750 level as ongoing correction persists.
  • We reckon certain foreign funds may be locking in profits but are heartened that retail funds have been experiencing some positive inflow over the last 2 days.
  • Whilst overall value remains low, it is encouraging to see a sporadic return of retail funds.
  • Thus for today, we expect the index to trend between the 1,745-1,755 range.
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Daily Market Report - 25 February 2026
Daily Market Report - 25 February 2026
  • Wall Street rebounded as worries that AI is going to replace a lot of enterprise software eased, reversing the “sell first ask questions later” mentality.
  • Nonetheless, sentiment remains wary over the uncertainties from Trump’s latest 15% global tariff thus seeing the US 10 year yield flat at 4.037%.
  • Over in Hong Kong, the HSI fell as overall sentiment turned cautious mirroring concerns over AI potential disruptions on other sectors.
  • Notwithstanding this, it was reported that US funds stepped up the purchases of Chinese and Hong Kong stocks in the final quarter of 2025.
  • Back home, the FBM KLCI fell as some investors decided to lock in profits.
  • However, we remain positive on the local bourse as we reckon an intermittent consolidation is healthy before the index resumes with its uptrend.
  • As such, we would advocate investors to bargain hunt if and when the index eases further.
  • For today, we expect the index to hover within the 1,750-1.765 range.
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Daily Market Report - 24 February 2026
Daily Market Report - 24 February 2026
  • Wall Street closed sharply lower as worries over AI disruptions on other industries re-emerged in addition to the heightening uncertainty over Trump’s latest messy global tariff imposition.
  • Meanwhile, the US 10-year yield eased to 4.031%.
  • As for Hong Kong, the HSI jumped above the 27,000 mark as traders became confident that the latest tariff adjustments would ease the pressure on Chinese exports following the US Supreme Court’s rejection of Trump’s tariffs policy.
  • Back home, the FBM KLCI managed to end on a positive note albeit off the day’s high.
  • We reckon foreign funds remain as the dominant buying force with interests still very much entrenched in blue chips.
  • Daily volume though improved is still way below the desired thresholds as retail investors are still side-lined.
  • Despite prevailing confusion still reign over the recent tariffs’ adjustments, we reckon Malaysia tech companies may eventually stand to benefit from the US Supreme Court decision.
  • For today, we anticipate the index to trend between the 1,745-1,765 range.
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Daily Market Report - 23 February 2026
Daily Market Report - 23 February 2026
  • Wall Street closed higher after the Supreme Court struck down most of Trump’s tariffs, potentially providing relief to companies burdened by higher costs and at the same, easing inflationary concerns.
  • However, in response to this ruling, a defiant Trump is imposing a 15% global tariff “almost immediately”.
  • Meanwhile, the US 10-year yield inched higher at 4.086%.
  • Over in Hong Kong, the HSI fell broadly lower after a long break on concerns over the escalating tension between the US and Iran.
  • On the home front, the FBM KLCI ended flat attributed to last minute buying activities following a muted session.
  • While we remain steadfast that market undertone for the local bourse remains solid, Trump’s latest tariff policy may create some confusion over the short term.
  • As such, we expect the index will hover within the 1,750-1,760 range today.
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