Market Reports

Daily Market Report - 25 June 2026
Daily Market Report - 25 June 2026
  • Wall Street ended mixed as gains in the Industrials, Consumer Services and Healthcare sectors led shares higher while losses in the Telecoms, Oil & Gas and Basic Materials sectors led shares lower.
  • The Dow gained 0.35%, while the S&P 500 index lost 0.10%, and the NASDAQ Composite index fell 0.43%. Key regional indices finished higher with strong buying on tech stocks.
  • The HSI gained 0.33% to 23,412.18 points.
  • The FBM KLCI closed marginally higher as bargain-hunting activities emerged following the recent market pullback, although the benchmark pared most of its gains to finish below its intraday high.
  • We expect the FBM KLCI to trade within the 1,680–1,690 range today as investors remain cautious amid lingering external uncertainties.
  • Meanwhile, crude palm oil (CPO) futures continued to hold firmly above RM4,600 per tonne, which could provide support and buying interest in plantation related stocks.
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Daily Market Report - 24 June 2026
Daily Market Report - 24 June 2026

  • Wall Street ended on a mixed note as investors locked in gains in technology, industrial and basic materials stocks following their recent rally.

  • Regional sentiment turned weaker, with the Hang Seng Index declining sharply due to persistent weakness in Chinese equities and subdued investor confidence.

  • The FBM KLCI also extended its losses as market participants stayed on the sidelines amid the absence of strong near-term catalysts.

  • Concerns over the sustainability of the US-Iran peace deal and renewed selling in US technology stocks weighed on sentiment across Asia, leading to profit-taking in AI and semiconductor-related counters.

  • Despite the cautious mood, attractive valuations among selected blue-chip stocks may provide support to the local market.

  • We expect the FBM KLCI to fluctuate within the 1,675–1,690 range today.

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Daily Market Report - 22 June 2026
Daily Market Report - 22 June 2026

  • Both the US and Hong Kong markets were closed for public holiday last Friday.

  • Nonetheless, the delay in the US-Iran accord and Israel latest strikes on Lebanon has casted uncertainty surrounding the peace talk. As a result, the Brent crude trended to above the USD80/barrel.

  • On the home front, the FBM KLCI closed flat again but off the day’s low at 1,700 level, indicating that bargain hunters are still around with focus predominantly on blue chip stocks. It was a muted trading session with daily volume stuck at the 3.4bn shares mark.

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Daily Market Report - 19 June 2026
Daily Market Report - 19 June 2026
  • Wall Street rebounded as sentiment steadied following a hawkish mood from the Federal Reserve on Wednesday.
  • Meanwhile, the US 10-year yield ended marginally lower at 4.455%.
  • Over in Hong Kong, the HSI declined to below the 24,000 level as traders were discouraged by the Fed’s hawkish view on interest rates with expectations of a rate hike by year end.
  • Back home, the FBM KLCI ended flat and off the day’s high at 1,722 attributed to late selling activities, presumably by foreign funds.
  • Looking ahead, we believe trading would remain muted thus anticipating the index to hover within the 1,705-1,715 range today.
  • Crude oil prices were flat and did not react to the reopening of the Strait of Hormuz as Brent crude remains at around USD79/barrel.
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Daily Market Report - 18 June 2026
Daily Market Report - 18 June 2026
  • Wall Street ended lower as sellers took control following Kevin Warsh’s first Fed meeting that many are expecting a rate hike this year.
  • As a result, the US 10-year yield jumped to 4.487%.
  • In Hong Kong, the HSI declined as traders sold ahead of the Fed’s rate decision later today.
  • On the home front, the FBM KLCI managed to recover its losses to close at a 2-week high at almost the 1,710 mark.
  • Although buying was broad based, focus was mainly centred on index linked laggards predominantly the telcos.
  • Encouraged by the positive sentiment in the middle east, we expect the index to maintain its uptrend and hover within the 1,705-1720 range today.
  • Meanwhile, Brent crude price has dipped to its lowest level since early-March at USD78/barrel.
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