Market Reports

Daily Market Report - 24 October 2025
Daily Market Report - 24 October 2025
  • Wall Street ended higher as sentiment turned buoyant following statement that Trump will meet up with Xi Jinping next Thursday in addition to a solid earnings reporting season so far.
  • Meanwhile, the US 10-year yield inched higher at 4.005% ahead of inflation data due later today.
  • Over in Hong Kong, the HSI rebounded to almost the 26,000 level as sentiment was buoyed by Trump’s highly anticipated meeting with Xi Jinping in South Korea.
  • On the home front, the FBM KLCI ended positively, attributed to late buying activities.
  • We believe market undertone received a boost after China confirmed that a meeting has been a scheduled with the US in Malaysia.
  • We believe sentiment should be bolstered from such upbeat developments, hence expect the index to react positively and hover at between the 1,610-1,620 range today.
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Daily Market Report - 23 October 2025
Daily Market Report - 23 October 2025
  • Wall Street closed broadly lower on concerns over the trade tension between the US and China coupled with the ongoing government shutdown.
  • In addition, disappointing earnings from Netflix and Texas Instrument further exacerbated the market’s downtrend while Tesla’s below expectation earnings saw share price lower after hours.
  • Meanwhile, the US 10-year yield was flat at 3,953%.
  • As for Hong Kong, the HSI declined to below the 25,800 level as sentiment was undermined by Trump’s mixed signals that his highly anticipated meeting with Xi may not happened.
  • Back home, the FBM KLCI slid to almost the 1,600 mark as market undertone was impacted by the regional sell-down.
  • Judging by the decline, we suspect foreign funds as the persistent sellers.
  • Nonetheless, we believe bargain hunting activities should emerge thus expect the index to recover at between the 1,600-1,610 range today.
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Daily Market Report - 22 October 2025
Daily Market Report - 22 October 2025
  • Wall Street ended mixed as the DJIA touched a record high spearheaded by solid earnings from multinationals namely Coca-Cola and 3M.
  • Overall mood was also buoyed by the higher guidance from General Motors after its earnings topped estimates.
  • Meanwhile, the US 10-year yield dipped marginally to 3.963%.
  • Over in Hong Kong, the HSI closed above the 26,000 level but off the day’s high as caution subsequently crept in.
  • However, overall sentiment remains positive underpinned by expectations of easing tension between China and the US when both superpowers meet over the next few days.
  • On the home front, the FBM KLCI expectedly rebounded to above the 1,615 mark attributed to bargain hunting activities.
  • We believe local institutions remained as the main buyers amid an improving domestic economy.
  • As such, we anticipate the index to trend within the 1,615-1,625 range today.
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Daily Market Report - 21 October 2025
Daily Market Report - 21 October 2025
  • Wall Street closed broadly higher as traders decided to concentrate on the good and look past the bad amid the ongoing shutdown and outstanding credit risks.
  • Meanwhile, the US 10-year yield remains flat at 3.982%.
  • Over in Hong Kong, the HSI rebounded strongly following a steep decline last Friday as sentiment was boosted by 3Q GDP growth that came in largely within consensus.
  • Meanwhile, there are high expectations of more easing measures during the Communist Party meeting over the next few days.
  • Back home, the FBM KLCI dipped to just below the 1,610 thresholds last Friday as foreign selling persisted ahead of the long weekend.
  • Nonetheless, we believe bargain hunting activities will emerge anytime soon hence expect the index to hover between the 1,605-1,620 range today.
  • In addition, sentiment may be buoyed by the higher than expected 3Q GDP growth of 5.2% thus pushing 2025 GDP growth estimate to around 4.6% from 4.0% previously.
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Daily Market Report - 17 October 2025
Daily Market Report - 17 October 2025
  • Wall Street closed broadly lower on fresh worries over the health of regional banks and fears of burgeoning bad loans indicating a potential banking crisis.
  • As a result, many expect the Federal Reserve to certainly cut rates later this month hence the US 10-year yield dipped to 3.975%.
  • Over in Hong Kong, the HSI ended on a flat note amid a rather volatile session as traders are still weighing on the possibility of a re-escalation of trade tension between China and the US.
  • Back home, the FBM KLCI closed marginally higher despite the persistent selling by foreign funds.
  • Overall, the local bourse seems to be well supported at prevailing levels hence we anticipate the index to hover within the 1,610-1,620 range today ahead of another long weekend.
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