Market Reports

Daily Market Report - 9 December 2025
Daily Market Report - 9 December 2025
  • Wall Street closed broadly lower as traders decided to sell ahead of the Federal Reserve decision on interest rates tomorrow.
  • Meanwhile, the US 10-year yield inched higher at 4.17%.
  • Over in Hong Kong, the HSI slipped to below the 26,000 level as traders sold their holdings while looking at the Fed’s move on interest rates.
  • Back home, the FBM KLCI declined for the 3rd day as sentiment has turned cautious amid the net outflow of foreign funds.
  • Despite the steady MYR which is hovering at 4.11 vs the USD, investors remain unconvinced hence not committing themselves as yet.
  • For today, we expect the index to hover within the 1,610- 1,620 range.
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Daily Market Report - 8 December 2025
Daily Market Report - 8 December 2025
  • Wall Street finished higher with moderate gains across the three major indices as investors continued to cheer cooling inflation and the prospect of a coming Federal Reserve rate cut following several weaker-thanexpected economic data releases.
  • Gains were further supported by buying interest in technology, consumer, and healthcare stocks.
  • The Dow rose more than 100 points, re-testing the 48,000 level, while the S&P 500 added nearly 0.2% to close at 6,870.
  • The Nasdaq climbed 73 points to 23,578.
  • Over in Hong Kong, stocks also ended higher, with strong buying in tech giants lifting the Hang Seng Index to finish above the 26,000 mark.
  • As for the local bourse, the FBM KLCI closed lower last Friday as profit-taking activities persisted following its recent gains.
  • Even so, strong buying interest emerged near the 1,610 level, allowing the benchmark index to finish well off its intraday low.
  • This suggests that buyers are still willing to accumulate on dips despite the softer tone.
  • Given this backdrop, we anticipate the FBM KLCI to continue oscillating within the 1,610–1,630 range today.
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Daily Market Report - 5 December 2025
Daily Market Report - 5 December 2025
  • Wall Street closed mixed ahead of the Federal Reserve’s rate decision next week.
  • Clear signs that the US labour market is softening have increased expectations of a 25bps cut.
  • Meanwhile, the US 10-year yield edged higher at 4.10%.
  • Over in Hong Kong, the HSI rebounded towards the 26,000 level as confidence grew of a Fed rate cut amid a weak job market data in the US.
  • Back home, the FBM KLCI maintained its intermittent correction to end marginally lower at just above the 1,620 mark.
  • Market sentiment remains cautious as traders were mostly side-lined.
  • Nonetheless, we believe the improving MYR currently at 4.11 against the USD, should act as a catalyst for foreign fund inflows going forward.
  • For today, we expect the index to possibly trend between the 1,620-1,630 range.
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Daily Market Report - 4 December 2025
Daily Market Report - 4 December 2025
  • Wall Street continued with its recovery as sentiment was buoyed by a weaker than expected private payroll in November hence strengthening the Fed’s conviction to cut rates next week.
  • Meanwhile, the US 10-year yield was marginally lower at 4.063%.
  • Over in Hong Kong, the HSI declined attributed to profit taking activities as traders took the advantage to lock in profits after recent gains.
  • In the interim, sentiment has turned cautious while waiting for signals from the Federal Reserve, Bank of Japan and Beijing.
  • Back home, the FBM KLCI failed to sustain its 2-day climb and closed at the 1,620 thresholds amid a weak regional performance.
  • We assume traders prefer to see clearer picture from the US before committing themselves again.
  • For today, we anticipate the index to hover within the 1,620-1,630 range.
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Daily Market Report - 3 December 2025
Daily Market Report - 3 December 2025
  • Wall Street rebounded as sentiment was bolstered by the return of interest in risky assets underscored by the gains in Bitcoin.
  • Traders are also discounting the Fed rate cut next week and are looking at the better earnings forecasts for 2026.
  • Meanwhile, the US 10-year yield was flat at 4.09%.
  • Over in Hong Kong, the HSI barely stayed above water as traders remains affected by the sell-off in Bitcoin coupled with concerns over the possible unwinding of Yen-linked carry trade.
  • Back home, the FBM KLCI maintained its ascension as bargain hunting activities continue.
  • The index tested the 1,635 mark before easing to end at the 1,630 thresholds.
  • We believe market undertone remains steady, hence expect the index to trend between the 1,630-1,640 range today.
  • Meanwhile, the MYR is still firm at 4.13 against the USD.
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