Market Reports

Daily Market Report - 13 April 2026
Daily Market Report - 13 April 2026

  • Wall Stret ended mixed as negotiations for a ceasefire in the Middle East remains uncertain with no immediate solutions in sight.

  • In addition to this, consumer confidence has plunged to a record low in April as fears mounted over rising energy prices amid the ongoing war.

  • Notwithstanding this, crude oil prices declined with Brent crude current at USD95/barrel.

  • Meanwhile, the US 10-year yield edged slightly higher at 4.317%.

  • Over in Hong Kong, the HSI rebounded to almost the 26,000 thresholds driven by signs that China’s deflation may be easing but overall sentiment remains cautious.

  • Back home, the FBM KLCI climbed above the 1,690 level attributed to some bargain hunting activities.

  • Overall trading is still muted since investors preferred to be sidelined for now.

  • As such, we expect the index to trend between the 1,685-1,695 range today.

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Daily Market Report - 10 April 2026
Daily Market Report - 10 April 2026
  • Wall Street extended its relief rally as traders are hoping that the supposed 2-week ceasefire can be sustained amid some negotiations are still ongoing.
  • Meanwhile, US core inflation came in within consensus at 3% but the GDP for 4Q has been adjusted lower at 0.5% from 0.7% previously thus pushing 2025 growth lower to 2.1%.
  • Asian markets retreated as expectations of an early treaty in the middle east began to fade.
  • The Straits of Hormuz remains closed depicting the fragility of the purported ceasefire, further heightening the volatility of crude oil prices.
  • As a result, the Brent crude trended to almost the USD100/barrel again.
  • In line with this, the HSI declined as traders decided to lock in profits from the rally the day before.
  • Back home, the FBM KLCI dipped to around the 1,685 mark as sentiment have turned cautious thus prefer to stay side-lined.
  • For today, we expect trading to be muted with the index to hover within the 1,680-1,695 range.
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Daily Market Report - 9 April 2026
Daily Market Report - 9 April 2026
  • Wall Street rebounded sharply following Trump’s agreement to suspend the attack on Iran.
  • Nonetheless, the situation remains highly fluid as a latest statement from Iran is accusing the US has violated the ceasefire agreement.
  • Asian markets staged a relief rally with bated-breath after both the US and Iran have agreed for a 2-week ceasefire.
  • As a result, crude oil prices spiraled down with Brent crude dipping to below the USD95/barrel.
  • Thus, the HSI ended with a healthy gain to almost the 25,900 mark.
  • Back home, the FBM KLCI accordingly charted a strong performance to end at almost the 1,700 level.
  • The MYR also saw a solid jump from 4.03 to 3.97 currently vs the USD.
  • All in all, it has been a great interlude for most investors though we prefer to stay vigilant and expect another positive albeit cautious day with the index trending between the 1,690-1710 range today.
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Daily Market Report - 8 April 2026
Daily Market Report - 8 April 2026
  • Wall Street ended on a mixed note as all 3 major indices came in off the day’s low as sentiment improved on hopes of a last-minute deal between the US and Iran.
  • In fact, the DJIA futures jumped 760 points as time of writing after Trump said he will suspend the attack on Iran for 2 weeks.
  • As a result, crude oil prices eased marginally with the Brent crude trending below the USD110/barrel albeit temporarily.
  • Meanwhile, the US 10 year yield declined to 4.301%.
  • The HKSE will resume trading today.
  • Back home, the FBM KLCI continued to slide as market undertone stays nervy amid the lack of clarity over in the middle east.
  • As a result, trading on the local bourse remains muted with the daily volume traded now at the 2.5bn shares region.
  • With many investors still side-lined, it will be interesting to see how regional funds will react to Trump’s latest rhetoric today.
  • For us we prefer to stay vigilant and expect the index to trend between the 1,675-1,700 range today.
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Daily Market Report - 7 April 2026
Daily Market Report - 7 April 2026
  • Wall Street ended on a positive note as traders are betting that the US-Iran war will come to an end soon 1 despite the lack of clarity and Trump’s latest threat to destroy Iran infrastructure.
  • Nonetheless, the Brent crude remains elevated at USD110/barrel while the US 10-year yield inched higher at 4.337%.
  • The Hong Kong market is still closed for holiday.
  • On the home front, the FBM KLCI retreated to almost the 1,680-level attributed to late selling by foreign funds amid the lack of clarity in the middle east coupled with the lackluster regional performance.
  • Nonetheless, we remain adamant that local stocks are ripe for some accumulation at current range hence are advocating investors to initiate some bargain hunting activities.
  • For today, we expect the index to hover within the 1,680-1690 range.
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