Market Reports

Daily Market Report - 3 March 2026
Daily Market Report - 3 March 2026
  • Wall Street ended mixed as the tension between the US and Iran continues, with no clear indication that it would cease anytime soon.
  • As a result, crude oil price jumped with the Brent holding above the USD78/barrel as Iran warned that the Strait of Hormuz would remain closed.
  • Meanwhile, the US 10-year yield edged higher to 4.038%.
  • As for Hong Kong equities, the HSI saw heavy sell-down as the index dipped to below the 26,000 level before it recovered to current level.
  • Nonetheless, sentiment remains fragile from the geopolitical risks in the middle east.
  • Back home, the FBM KLCI in line with regional volatility, also succumbed to the knee jerk reaction from the escalating tension between the US and Iran.
  • Therefore, the index dipped to around the 1,685 mark but subsequently recovered to 1,700 attributed to bargain hunting activities.
  • Despite market undertone being cautious, we would advocate investors to start nibbling if and when the index trends below the 1,700 level.
  • For today, we expect the index to hover within the 1,690-1,715 range.
Download
Daily Market Report - 2 March 2026
Daily Market Report - 2 March 2026
  • Wall Street closed broadly lower as sentiment was spooked by the higher than expected producer price index (PPI), heightening worries over inflationary pressures hence may derail expectations of more rate cuts by the Federal Reserve for now.
  • Meanwhile, the US 10-year yield has dipped to 3.949%.
  • Over in Hong Kong, the HSI rebounded attributed to bargain hunting activities after a rather volatile week.
  • Meanwhile, there is growing optimism over supportive policies by China’s National People’s Congress next week.
  • Back home, the FBM KLCI slipped further to below the 1,720 level as profit taking activities gathered pace.
  • However, we believe a rebound should be due anytime soon as we expect bargain hunting to emerge at current levels.
  • Therefore, we anticipate the index to trend between the 1,720-1,730 range today.
  • Meanwhile, the escalation in conflict between the US and Iran may create more geopolitical uncertainties as crude oil prices is seen to trend higher.
  • The Brent crude spiked to almost the USD80/barrel.
Download
Daily Market Report - 27 February 2026
Daily Market Report - 27 February 2026
  • Wall Street closed on a mixed note as the fragile sentiment on AI related stocks remains highly sensitive which saw the sell-down on both Nvidia and Salesforce despite registering better-than-expected results.
  • Meanwhile, the US 10-year yield fell to 4.01%.
  • As for Hong Kong equities, the HSI declined as traders decided to lock in profits whilst Nvidia’s latest earnings failed to rekindle any excitement to sustain the AI momentum.
  • Back home, the FBM KLCI continued to trend lower as profit taking activities continued especially on the Banks after a recent good run-up.
  • Meanwhile, we believe recent highlights by S&P Global Ratings on Indonesia’s fiscal position may have certain implications on regional bourses.
  • Despite this, we reckon further downside would present an excellent bargain hunting opportunity, particularly if the index closes in on the 1,730 level.
  • As for today, we expect the index to hover within the 1,735-1,745 range.
Download
Daily Market Report - 26 February 2026
Daily Market Report - 26 February 2026
  • Wall Street maintained its uptrend spearheaded by Nvidia and that recent concerns about AI disruptions may be a bit overblown.
  • Meanwhile, Nvidia reported its 4Q earnings after hours that came in above expectations and that the US 10-year yield inched marginally higher at 4.058%.
  • Over in Hong Kong, the HSI staged a relief rebound as concerns over AI’s threats on other business segments eased.
  • Meanwhile, HSBC rallied as earnings came in above expectations.
  • Back home, the FBM KLCI slid to below the 1,750 level as ongoing correction persists.
  • We reckon certain foreign funds may be locking in profits but are heartened that retail funds have been experiencing some positive inflow over the last 2 days.
  • Whilst overall value remains low, it is encouraging to see a sporadic return of retail funds.
  • Thus for today, we expect the index to trend between the 1,745-1,755 range.
Download
Daily Market Report - 25 February 2026
Daily Market Report - 25 February 2026
  • Wall Street rebounded as worries that AI is going to replace a lot of enterprise software eased, reversing the “sell first ask questions later” mentality.
  • Nonetheless, sentiment remains wary over the uncertainties from Trump’s latest 15% global tariff thus seeing the US 10 year yield flat at 4.037%.
  • Over in Hong Kong, the HSI fell as overall sentiment turned cautious mirroring concerns over AI potential disruptions on other sectors.
  • Notwithstanding this, it was reported that US funds stepped up the purchases of Chinese and Hong Kong stocks in the final quarter of 2025.
  • Back home, the FBM KLCI fell as some investors decided to lock in profits.
  • However, we remain positive on the local bourse as we reckon an intermittent consolidation is healthy before the index resumes with its uptrend.
  • As such, we would advocate investors to bargain hunt if and when the index eases further.
  • For today, we expect the index to hover within the 1,750-1.765 range.
Download