Market Reports

Daily Market Report - 1 April 2026
Daily Market Report - 1 April 2026

  • Wall Street staged a relief rally as confidence was given a great boost that the war in the middle east will come to an end soon. Unconfirmed reports said the Iran President is open to end the tension soon with guarantees of which Trump is agreeable with it.

  • Meanwhile, the US 10-year yield eased to 4.131% whereby the Brent crude declined to below the USD105/barrel from its day high of USD110/barrel.

  • Over in Hong Kong, despite the slight gain in the HSI, overall trading was tepid as sentiment remains affected by the escalating tension in the middle east coupled with the ascending crude oil price.

  • Back home, the FBM KLCI managed to close above water attributed to last minute buying activities. Though we reckon market undertone to stay cautious overshadowed by Trump’s purported “war-ending” policies of which the world is still waiting.

  • The latest developments between the US and Iran may give global markets a solid push thus expect the benchmark index to hover within the 1,700-1730 range today.

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Daily Market Report - 31 March 2026
Daily Market Report - 31 March 2026
  • Wall Street ended on a mixed note as traders’ sentiment remains entrenched from the surging volatility in crude oil price.
  • Brent crude is currently trending at around the USD113/barrel but off the high at USD116/barrel.
  • Meanwhile, the US 10-year yield edged higher at 4.35%.
  • Over in Hong Kong, the HSI declined on the escalating tension over in the middle east that propelled crude oil price higher. On the home front, the FBM KLCI dipped to below the 1,690 mark amid a regional slaughter also affected by the heightening in volatility in crude oil price.
  • Broadly speaking. Global markets are certainly awaiting for more clarity from Trump’s next move.
  • For today we expect the index to trend between the 1,685-1,700 range today
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Daily Market Report - 30 March 2026
Daily Market Report - 30 March 2026
  • Wall Street retreated sharply as Brent crude oil surged past USD110 per barrel following fresh incidents in the Strait of Hormuz, heightening concerns over global energy supply.
  • The Dow fell 1.73% to 45,166.64, the S&P 500 declined 1.67% to 6,368.85, while the Nasdaq dropped 2.15% to 20,948.36.
  • Regional markets were mixed, with continued selling pressure in technology stocks, particularly in Taiwan and South Korea, as investors adopted a defensive stance amid persistent Middle East tensions.
  • In contrast, the HSI rose 0.38% to 14,951.88 on bargain hunting.
  • Back home, the FBM KLCI edged slightly higher, supported by selective buying in Sunway-related counters and Petronas Gas. We expect a shift towards defensive and commodity-related plays as investors hedge against external headwinds.
  • The index remains well supported above 1,710 and is expected to trade within the 1,710–1,725 range today.
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Daily Market Report - 27 March 2026
Daily Market Report - 27 March 2026
  • Wall Street closed sharply lower as expectations of a ceasefire between the U.S. and Iran diminished.
  • Brent crude oil rose to USD107/barrel. The Dow lost 1.01%, to end at 45,960.11. The S&P 500 slumped 1.74% to close at 6,477.16, while the Nasdaq dived 2.38% to end at 21,408.08.
  • Asian equities retreated as selling pressure in technology stocks resurfaced, with investors adopting a defensive stance amid persistent geopolitical tensions in the Middle East.
  • The HSI slid 480 points to fall below the 25,000 level, underscoring the cautious regional mood.
  • On the domestic front, the FBM KLCI edged lower as investors stayed on the sidelines in tandem with the weak performance of regional bourses.
  • Despite this, the index remains well supported above 1,710. For today, the benchmark is likely to remain range-bound between 1,710 and 1,730.
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Daily Market Report - 26 March 2026
Daily Market Report - 26 March 2026
  • Wall Street ended higher amid a declining crude oil price as Iran has received a 15 point proposal from the US to end the war.
  • The Brent crude is currently trending at USD102/barrel while the US 10-year yield eased to 4.332%.
  • Over in Hong Kong, the HSI rebounded as sentiment was buoyed by diplomatic progress between the US and Iran.
  •  The FBM KLCI trended higher to above the 1.715 level due to bargain hunting activities.
  • We believe bargain hunting to emerge at current range thus expect the index to hover within the 1,710-1,720 range today.
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