Market Reports

Daily Market Report - 20 January 2026
Daily Market Report - 20 January 2026
  • Wall Street was closed for Martin Luther King Jr Day.
  • However, a look at the futures, all three major indices are trading broadly lower weighed by Trump’s latest tariff threat on those that opposed to the sale of Greenland.
  • As for Hong Kong, the HSI declined to a 1 week low after China reported its GDP growth for 4Q2025 moderated to 4.5% from 4.8% in the previous quarter.
  • For 2025, China’s GDP expanded by 5% that is within consensus estimates.
  • Back home, the FBM KLCI closed flat attributed to late buying activities reflecting that the local bourse is still well supported.
  • We believe foreign funds to remain as net buyers of which we have seen over the past few sessions.
  • Thus, for today, we expect the index to trend within the 1,710 1,720 range.
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Daily Market Report - 19 January 2026
Daily Market Report - 19 January 2026
  • Wall Street closed marginally lower as the ongoing geopolitical tension coupled with the criminal proceedings against Jerome Powell continue to weigh on sentiment.
  • Meanwhile, the US 10-year yield edged higher at 4.227%.
  • Over in Hong Kong, the HSI dipped marginally as traders decided to lock in some profits following a decent run-up in previous sessions.
  • This came after TSMC reported strong earnings that further bolstered confidence of AI related durability.
  • Back home, the FBM KLCI ended lower but off the day’s low amid some intermittent profit taking activities.
  • Nonetheless, we still see some bargain hunting activities at current levels and expect the index to continue with its ascension.
  • Therefore, we anticipate the index to stage a rebound and trend within the 1,710-1,725 range today.
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Daily Market Report - 16 January 2026
Daily Market Report - 16 January 2026
  • Wall Street rebounded to close broadly firmer as sentiment improved on AI related stocks coupled with solid results from the banking sector, spurring the uptrend from both segments.
  • Meanwhile, the US 10 year yield jumped to 4.173% following the latest jobless claims that is pointing to an improving labour market.
  • Over in Hong Kong, the HSI took a breather to end marginally lower amid some intermittent profit taking activities after a solid 4-day run up.
  • Many are expecting a minor correction at current levels before the index resumes with its uptrend.
  • Back home, the FBM KLCI maintained with its impressive performance to close positively following a weak early session.
  • We believe foreign funds are continuing with their stock accumulation as we noticed there were net foreign inflows over the previous few sessions.
  • As such, we anticipate the index to hover within the 1,710-1,720 range today.
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Daily Market Report - 15 January 2026
Daily Market Report - 15 January 2026
  • Wall Street ended lower in a choppy session as traders remain cautious amid Trump’s induced multiple headwinds.
  • Although all 3 major indices managed to close off the day’s low, the sell-down on tech stocks was apparently more drastic following China’s latest ban on Nvidia’s H200 chips.
  • Meanwhile, the US 10-year yield dipped to 4.138%.
  • As for Hong Kong, the HSI maintained its climb predominantly supported by foreign buying whom are looking to diversify away from US assets amid the Powell/Trump spat and the geopolitical tension between the US and Iran.
  • Many global managers are looking at Chinese stocks as an important alternative.
  • Back home, the FBM KLCI managed to stay afloat to close on a 7-year high.
  • We believe foreign buying remains evident and expect this to persist.
  • As such, we expect the index to trend within the 1,705-1,715 range today.
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Daily Market Report - 14 January 2026
Daily Market Report - 14 January 2026
  • Wall Street closed lower as sentiment was affected by the heightening uncertainty over Trump’s recent proposals on credit card rate for 1 year in addition to the criminal proceedings against the Federal Reserve’s Jerome Powell.
  • Meanwhile, the US 10-year inched higher at 4.175%.
  • Over in Hong Kong, the HSI continues to climb higher supported by foreign buying in line with the ongoing flight of foreign funds back to Asia.
  • Additionally, the strengthening Chinese Yuan further boosted sentiment.
  • On the home front, the FBM KLCI surged past the 1,700 mark with ease underpinned by the emergence of foreign buying.
  • We believe stock accumulation on blue chips to continue for the time being thereafter we may experience heightening participation in the smaller caps space.
  • For today, we expect the index to hover within the 1,705-1,720 range.
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