Market Reports

Daily Market Report - 14 April 2026
Daily Market Report - 14 April 2026
  • Wall Street closed broadly higher as traders are hoping that a deal would eventually be struck after the US initiated its blockade on the Strait of Hormuz.
  • Meanwhile, the US 10-year yield slid slightly to 4.293%.
  • Over in Hong Kong, the HSI declined as traders decided to pare down their holdings amid the surging crude oil prices following Trump’s decision to block the Strait of Hormuz after the ceasefire negotiation with Iran collapsed.
  • On the home front, the FBM KLCI closed lower as trading on the local bourse remained listless, tracking the volatile situation in the middle east.
  • Though the domestic stocks are ripe for accumulation at this level, we believe investors still prefer to be sideliners thus expect the index to hover within the 1,675-1,690 range today.
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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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