Daily Market Report - 31 October 2025
  • Wall Street ended lower due to disappointment in corporate earnings.
  • The Dow slipped 0.23% to 47,522.12 while the S&P50 declined almost 1% to 6,822.34.
  • The Nasdaq dived 1.57% to 23,581.14.
  • Hong Kong market finished lower after a strong opening as investors cashed in profit during late trading hours.
  • This led HSI to fall 0.24% to 26,282.69.
  • Back home, the FBM KLCI closed marginally higher due to late buying on selected heavyweights.
  • With the US and China finally reaching a trade deal, market sentiment is improving, supported by hopes of a more accommodative stance from the Federal Reserve.
  • Hence, we anticipate an upward shift, driven by buying interest due to attractive valuations and stronger market turnover.
  • We anticipate the benchmark index to range between 1,610 and 1,620 today.
Daily Market Report - 30 October 2025
  • Wall Street ended mixed after the Federal Reserve's decision to cut interest rates for the second time this year.
  • The Dow slipped 0.16% to 47,632.00 while and S&P500 were flat at 6,809.60.
  • The Nasdaq added 0.55% to 23,958.47.
  • Hong Kong market was closed for a public holiday.
  • As for the local bourse, the FBM KLCI pared losses due to late buying on selected heavyweights.
  • Nonetheless, the benchmark index still ended in the red.
  • We are hopeful on the interest cut in the US will boost investor confidence.
  • Hence, we anticipate the benchmark index trending within the 1,610–1,620 range for today.
Daily Market Report - 29 October 2025
  • Wall Street extended its rally as strong buying in technology stocks pushed the Nasdaq to fresh record highs, while the Federal Reserve began its two-day policy meeting.
  • Other major indices also ended positively.
  • The Dow added 0.34% to 47,406.37, the S&P 500 gained 0.23% to 6,890.89 while the Nasdaq surged 0.8% to 23.827.49.
  • Over to Hong Kong, stocks finished lower as investors were staying cautious ahead of the meeting between President Xi and Trump.
  • As a result, the HSI dipped 0.33% to 26,346.14.
  • On the domestic front, the FBM KLCI took a breather after three consecutive days of gains, in line with profit-taking activity on regional bourses.
  • Despite this, we remain optimistic, buoyed by the improving market volume, which reflects that participation in the broader market is building up.
  • Hence, we foresee the benchmark index trending within the 1,610–1,620 range for today.
Daily Market Report - 28 October 2025
  • It was another record breaking day on Wall Street as all 3 major indices ended at new highs after both the US and China reached a preliminary framework deal that would clinch a trade agreement between Trump and Xi Jinping over the next few days.
  • Meanwhile, the 10-year yield eased to 3.987%.
  • Over in Hong Kong, the HSI maintained its climb as it closed in on the 26,500 mark underscored by positive developments in Kuala Lumpur, raising hopes for further stabilization ahead.
  • Back home, the FBM KLCI ended positively but failed to stay above the 1,620 level.
  • It is interesting to note that there were net foreign inflows over the past two trading days possibly taking advantage of the strengthening MYR against the US$ ahead of the Federal Reserve’s imminent rate cut.
  • As such, we expect the index to trend between the1,615-1,630 range today.
Daily Market Report - 27 October 2025
  • It was another record breaking session on Wall Street as a cooling US inflation data spurred optimism that the Federal Reserve is staying on course to cut rates going forward.
  • As a result, all 3 major indices managed to touch record highs though the US 10-year yield remains elevated at 4.003%.
  • Over in Hong Kong, the HSI surged past the 26,000 thresholds boosted by China’s major economic targets over the next 5 years to step up tech self-reliance and improve the domestic market.
  • Back home, the FBM KLCI ended on a positive note amid a lacklustre session.
  • Daily trading volume has shrunk as retail participation may have been spooked by recent share price decline in Perak Transit.
  • Nonetheless, we remain hopeful that positive developments will emerge from the ongoing ASEAN meeting hence expect the index to hover within the 1,610-1,620 range today.