Market Reports

Daily Market Report - 14 July 2026
Daily Market Report - 14 July 2026
  • Wall Street fell as tension between the US and Iran escalates with Trump declared a blockade on the Strait of Hormuz.
  • As a result, crude oil prices spiked with the Brent crude jumping to USD83/barrel.
  • Meanwhile, the US 10-year yield also ended higher at 4.634%.
  • Over in Hong Kong, the HSI ended on a flattish note as trading was muted dragged mainly by the increased tension in the middle east and spike in crude oil prices.
  • Meanwhile, ongoing defensive rotation out of AI stocks are also holding back overall trading activities.
  • On the home front, the FBM KLCI maintained its climb to nearly the 1,700 mark as bargain activities continue especially on plantation related stocks.
  • We also noticed a trickling of foreign funds back into the local bourse of late thus we expect the index to trend between the 1,690-1,705 range today.
Download
Daily Market Report - 13 July 2026
Daily Market Report - 13 July 2026
  • Wall Street ended broadly higher led by tech related stocks and the successful debut by SK Hynix ADRs on Nasdaq, which was up 13% from its IPO price.
  • In addition, sentiment further improved on news that the US and Iran may returned to the negotiation table again.
  • As a result, crude oil prices eased while the US 10-year yield inched higher at 4.561%.
  • Over in Hong Kong, the HSI trended higher to firmly above the 24,000 level as funds rotated out of the crowded South Korea and Taiwan markets into Chinese-listed ones in Hong Kong.
  • Back home, the FBM KLCI rallied to a 2-week high to above the 1,690 mark as funds snapped up the index laggards amid some obvious bargain hunting activities.
  • Nonetheless, we believe market undertone remains cautious thus expect the index to trend within the 1,680-1,695 range today.
Download
Daily Market Report - 9 July 2026
Daily Market Report - 9 July 2026
  • Wall Street was mixed as market confidence turned sour following Trump’s statement that the ceasefire treaty with Iran is over.
  • Meanwhile, crude oil prices have jumped higher while the US 10-year yield also edged higher at 4.581%.
  • Over in Hong Kong, the HSI jumped to close sharply higher at above the 24,000 mark as funds rotated back to the heavily sold-down Chinese tech
    stocks.
  • Back home, the FBM KLCI ended on a flat note and erased all gains early in the session. We reckon the selling may be due to the collapse of the US-Iran
    ceasefire MOU that pushed crude oil price higher with the Brent crude trending at above USD78/barrel currently. In view of this, we expect the index to trend within 1,675-1,690 range today.
Download
Daily Market Report - 8 July 2026
Daily Market Report - 8 July 2026
  • Wall Street tumbled as traders decided to offload their position fearing that market expectations may have outpaced that of fundamentals.
  • As a result, the sell-off in AI-related stocks gathered pace.
  • Meanwhile, fresh attacks in the Strait of Hormuz have pushed oil price higher with the Brent crude now at USD74/barrel while the US 10-year yield edged higher at 4.551%.
  • Over in Hong Kong, the HSI retreated to below the 23,500 level as the selling on AI stocks re-emerged following a disappointing set of results from Samsung Electronics.
  • As for the local bourse, the FBM KLCI pared earlier losses to end up flat amid some late bargain hunting activities.
  • Daily trading volume remained low as market participants stayed cautious.
  • As such, we expect the index to hover within the 1,680-1,690 range today as trading is seen muted.
Download
Daily Market Report - 7 July 2026
Daily Market Report - 7 July 2026

  • Wall Street closed broadly higher with the DJIA notched another record closing. Sentiment was mostly focused on the recent weak job data coupled with Microsoft’s mass layoff. Meanwhile, the US 10-year yield was flat at 4.471%.

  • As for Hong Kong, the HSI climbed to almost the 24,000 thresholds underpinned by broad based rebound including the badly trashed tech related stocks predominantly due to bargain hunting activities from mainland Chinese.

  • On the home front, the FBM KLCI ended positively but off the day’s high as market undertone remains cautious. We reckon market participants may have an eye on the impending state election in Johor this weekend. Nonetheless, we are still adamant that the local bourse is ripe for some stock accumulation at prevailing levels. As such, we expect the index to trend within the 1,680-1,695 today.

Download